24 December 2024
After the reassessment process, the Assessing Officer (AO) issues a Final Assessment Order which may include a determination of refund due to the taxpayer based on the reassessed income. The taxpayer must file an application for refund. This application typically includes: A copy of the Final Assessment Order. Any relevant documents that support the claim for refund, such as proof of tax paid and evidence of income reported. The application should be accompanied by necessary documentation, including: Reference number of the order leading to the refund. Statements detailing financial records that substantiate the refund claim.