Cherry Bansal (Practicing Chartered Accountant) (80 Points)
30 March 2015The return was defective originally and it was not corrected, the case got trasferred to AO and assessment was done and refund was granted under assessment. Can the Department stop the refund due to unanswered defective return status?
chandar
(Deputy Manager-Accounts)
(296 Points)
Replied 30 March 2015
yes, The Depptt. can hold the refund.
Cherry Bansal
(Practicing Chartered Accountant)
(80 Points)
Replied 30 March 2015
Thanks for the reply. Then what is way out for ensuring the refund?
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 30 March 2015
The only way is to rectify the defect so stated and file rectified return to claim refund, but you should have been issued a notice for correcting the defect in the return.
chandar
(Deputy Manager-Accounts)
(296 Points)
Replied 30 March 2015
i hope u should wait for sm tym as it gets automatically credited...
chandar
(Deputy Manager-Accounts)
(296 Points)
Replied 30 March 2015
assessment done na... so y worry.. just wait n watch for 15 days.
CAclubindia
