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Income tax return has been selected under risk management process

Page no : 100

Khushbu (Software engineer) (41 Points)
Replied 07 January 2021

Do they do scrutiny for less amount too?  Bcoz what I heard is that if the amount is huge then they call for physical verification and that too it has to be in crore's. And Im seeing that in this same forum people are in the same boat and Im really not sure if all of them have  been called for scrutinity? Are u really sure that ITR people have so much of time to call thousand of people for physical verification?

1 Like

vinnn (Software Eng) (22 Points)
Replied 07 January 2021

Khusboo , How much refund you have claimed.i claimed for  80D extra only


Khushbu (Software engineer) (41 Points)
Replied 07 January 2021

Vinnn. I didnt claim anything extra.. I guess they sending this mail to people who's refund is more than 50K. Mine is around 51K as I missed doing the declaration in the beginning of the year. Which I claimed during the ITR. God knows what these people are upto.and no one is actually sharing there experience too to help our confusion. Request someone to plz guide us with clear understanding not scare us. Bcoz I believe its very rare that they will call so many people for physical verification. In this forum itself there are 1000 of people in same boat. So where they all called for it? and if they selected option 1 have they received their refund?


Tapa001 (Service) (22 Points)
Replied 07 January 2021

Let us see what happens and please keep this forum updated.


Tapa001 (Service) (22 Points)
Replied 07 January 2021

Let us see what happens and please keep this forum updated.



vinnn (Software Eng) (22 Points)
Replied 07 January 2021

my refund is 39k ,it is not more,i think it is send to any one.you declare anything on 80D?.

any update till now it your refund.


Khushbu (Software engineer) (41 Points)
Replied 07 January 2021

Vinn. Yes I have declared Health insurance premium under 80D (Rs 5000). Is this the issue? No update from them so far.


vinnn (Software Eng) (22 Points)
Replied 07 January 2021

It is genuin so no worry about you get refund.if not please remove it.

2 Like

INSURANCE SPECIALIST (8 Points)
Replied 08 January 2021

Don't worry guys, those who have selected option 1 will get their refund before 24th of this month., Option 2 to get after processing again.

You will receive your SMS and will share happily, do not fall prey to middlemen who will use your weakness moment to cash in


INSURANCE SPECIALIST (8 Points)
Replied 08 January 2021

Just mentioned the date you received the risk management mail received date, and amount of refund so that we can have a reference to future



INSURANCE SPECIALIST (8 Points)
Replied 08 January 2021

Refund Amount : 75k

Risk mail received: Jan 5th

Selected : Option 1 on Jan 5th

SMS order date: ??

Refund Credited Date: ??


Siva Appikonda (Chartered Accountant) (175 Points)
Replied 08 January 2021

Dear All, I have been receiving this question from many of clients that can they revise return after selecting option 1 ? Return can be revised even if any one have selected option 1 and submitted.Further even revised return can be revised any number of times within prescribed time limit. If any one has selected option 1 and and there is illogical claim/or substantail difference between ITR form filed by taxpayer and form 16, computer will not process and case may be transferred to jurisdictional assessing officer for manual scrutiny process. So if any one has claimed false deduction or shown low income beyond reasonable limit  intentionally to claim high refund should file revised return. If you need any assistance in revising the return,call us @ 85 Two Two 857OO8

CA Siva Appikonda

Tapa001 (Service) (22 Points)
Replied 09 January 2021

I have also seen in the other thread that people received refund after selecting 1 last year. I think we should wait for couple of weeks and see.


somasundharam sankaran (4 Points)
Replied 09 January 2021

Dear All,

I have received refund sms on 8th Jan. I have also received 143 (1) intimation for refund to my mail.

When filed ITR, my refund amount was 37k. But the CPC calculated it as 39k. This is the first time I am filing ITR, so somewhere I went wrong. Don't worry friends. You all will get refund sms soon. Hope this information may help someone in this forum. 



Siva Appikonda (Chartered Accountant) (175 Points)
Replied 09 January 2021

@ Somasundharan,

Section 244A deals with interest on income tax refund and provides for interest at the rate of 0.5% per month or part of the month on refund amount. Such interest shall be calculated from April 1st of assessment year till the date of grant of refund if refund is due to excess advance tax paid or TDS.

Hence Rs. 2000 which you have received excess of your claim was interest on tax refund. 

Thanks 

Siva Appikonda CA



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