Hi friends,
I have a query on online rectification. I have submitted my uncle's income tax return online within prescribed time and there was a refund but although there was mismatch in refund as per form 16 and tax credit statement 26AS, It was higher in form 16. I sybmitted as per form 16. Subsequently as usaul my uncle got refund cheque as per Form26AS, which is much lower than form16. After that It was discovered that there was a calculation mistake in GTI and in TDS also on the part of my uncle's employer but they rectified it. After that I filed online rectification return . My question is whether I am eligible to file rectification for reduced GTI and for correct TDS and if it is yes, then how long it will take in CPC bangaluru to refund the amount.
Please help me.....
CAclubindia
