Income tax refund

TDS 728 views 5 replies

Friends,

I need a solution / information regarding refund of income tax

Since my employer VSSC did not upload my TDS of Rs 81988 for assessment year 2009-10 in 26AS statement in time, the refund of Rs 20430/- due to me for the Assesment year 2011-12 (efiled thro CPC) was adjusted towards the interest portion of TDS for the Assesment year 2009-10. In December 2011, my employer had uploaded my TDs of Rs 81988 in 26 AS statement. 

Since the return for AY 2009-10 was filed in local IT office Trivandrum, I have  requested for refund through letter from local IT office at Trivandrum in January 2012. But no refund is received so far. So again I wrote to ACIT trivandrum on June 19th 2012. Now I have to file return before 31st july 2012.

A refund of Rs 23000/- for AY 2012-13 is also due on filing IT return before 31-7-2012. In this situation I want to know whether the CPC will again adjust my refund of Rs 23000/- towards interest portion of AY 2009-10 when I file return before 31-7-2012, as I did not get my refund of Rs 20430 till date

Sunilkumar

Replies (5)

IT refund is expected within 3-4 months....sooo sir I suggest u to wait for 2-3

months more....

 

I agree with Shrikala

Already five months over after filing rectification on 11-1-2012.  CPC ordered refund in august 2011. But TDS was not uploaded as on august 2011 so CPC adjusted this amount to interest portion with nil refund. Hope you undestood what I meant.

u can once again try sending a letter to the income tax dept...or else wait seems no other option otherwise....

 

Yes, it is very likely that the refund of current year, if any, would be adjusted against pending demand for any year.
 
Since your refund for 2009-2010 was held and adjusted against now non-existent demand for 2008-2009, you should file recitification of processing for 2009-10 by uploading e-rectification for the year.
 
Before that you must ensure that entire demand of 2008-09 stands cancelled by local office.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register