Twice i. t refund received
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2011
our client has been received 2 times refund for the same A.Y. Once at the time of intimation u/s 143(1)and again at the time of block asstt. A.O has not given the effect of refund received as per intimation u/s 143(1). However A.O has taken indemnity bond before issuing the said refund. Now what to do.
17 September 2011
You advice your client to to return the refund received second time as a prudent man stating that he has received first refund referring Order No...dated... etc.
It is not ethical on part of a person to take two refunds for the same subject.
It is not ethical on part of a person to take two refunds for the same subject.
17 September 2011
Agree with Ca. Hariji
But at the same time suggest to carefully go through the block assessment order and confirm that its really a twice refund before returning the Refund cheque.
Precaution is always better....
But at the same time suggest to carefully go through the block assessment order and confirm that its really a twice refund before returning the Refund cheque.
Precaution is always better....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
