refund adjusted against o/s demand

393 views 6 replies
Is there slab in refund adjustment against O/S demand ???
Replies (6)
Can't understand Your query...

But,

Yes... In case any outstanding demands then refund amount adjusted to previous O/s Demand...
BUT BEFORE ADJUSTING THE DEMAND ...OPPORTUNITY OF BEING HEARD WILL BE PROVIDED..YOU AGREE OR DISAGREE WITH THR DEMAND HIGHLIGHTING ON THE E-FILING PORTAL....SECTION 245
yes u can adjust your demand from your income tax refund I.e. you can adjust your outstanding demand against your outstanding refund
whole refund is not adjusted , refund adjusted in part therefore question is arise refund adjustment in part so any slab or ratio for this adjustment?
As far as I Can understand your query I think you are asking for; While adjusting your income tax demand against your pending refunds, Is Slab benefit again given for such adjustment?

Now your answer;

There is no such slab wise adjustment or slab benefit is given while adjusting your demand against your pending refunds. Refund is simply adjusted against your income tax demand (including Interest) and only remaining amount, if any, is refunded by department.
refund amount is more than demand otherwise demand partially adjusted, and


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register