Income tax return has been selected under risk management process

@ Somasundharan,Thanks for sharing and gives us positive vibes regarding mail.

Hi i have chosen option 1 yesterday and my itr was processed today.

ITR FILED: 6-AUG-2020
Refund Amount : 75k
Risk Management Process mail received: Jan 5th 2021
Selected : Option 1 on Jan 5th 2021, 
SMS & MAIL order date: 08th JAN 2021 
ORDER UPDATED IN PORTAL: 09th JAN 2021
Refund Credited Date: EXPECTING TO BE CREDITED NEXT WEEK
 

Good  that you received intimation email. Ii have replied back to risk management email with option 1 on 4th January and still in progress

Hi friends,

pls update in this forum, if anyone who has filed returns and they haven't received any communications

I had to revise my ITR as I found some mismatch in my HRA with form 16. Earlier I replied back to the risk management email with option 1 and now I have revised my ITR today and E verified. I will update here what happens next in this forum.

Any update till now??

Don't have any fear with this mail. some of the people are claiming incorrect refund by escaping income. income tax department has collected this information from their source. As the number of cases may in lakhs so they are providing an opportunity to correct the claim. if you shown correct income or credit of TDs then choose option 1 or 2for revising the return as the case may be.

Thank you all, 

I have filed my returns in aug but I haven’t received any communications. Kindly update in this forum, if any update from the department.Thank you

 

Did you got your money back to your account?

I have the same issue. What happens from here on? 

Can i revise the filing after the procedure

Yes,,,
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, system 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

Have got refund intimation msg/mail today.Any one else got it ?

I selected option 1 and after couple of weeks i filled a revised one with corrections . But now initial submission has been approved today. Will the revised one be looked up on again and do the correction? 
Reply from anyone or CA would help.