Hello,
An assessee has recd intimation u/s 245 for adjustment of refund of Rs.6380 for AY 2011-12 to be adjusted against a demand of AY 2008-09 of about Rs. 15572. The assessee only had salary income(plus some meagre amount of bank interest) in the AY 2008-09. TDS was deducted on Salary in Form-16 but a copy of the same is lost and cannot be received. But in Form 26AS, there is TDS deducted showing of Rs.13892. Now I have the following questions regarding the same:
1) Since Tax Payable(actually it is TDS) is Rs.13892, how come there is a demand of Rs.15572 for AY 2008-09? I assume this is including interest u/s 234A,234B, 234C. Any ideas?
2) Since I do not have the Form 16, will attaching a print of Form 26AS do the job?
3) The letter from the IT Dept was dated 31/01/2012 wherein they mentioned to reply within 10 days of receipt. Now I just want to make sure they haven't already adjusted the refund. Can I do it online? I checked online refund status for AY 2011-12 on TIN NSDL where it says 'Your assessing officer has not sent this refund to Refund Banker.'
CAclubindia
