Excess refund of income tax

Share
Share This Thread
  1. Pankaj Masurkar

    Pankaj Masurkar New Member

    Return is filed u/s 139(1) and the same is also revised u/s 139(5). However before receiving ITR ack. of revised return dept processed return on the basis of original return & granted the refund Afterwards the dept received the Revised Return Ack in which refund was reduced. However revised return was uploaded before processing the original return on the basis of which dept sent the intimation u/s 143(1) granting higher amount of refund. What will be the consequences in this case?
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Income Tax Refund of Excess TDS Deposited Income Tax Feb 20, 2017
Refund of excess ax depoited by me Income Tax Oct 30, 2016
Claiming Refund for excess TDS Deducted for Non-Submission of PAN Income Tax Aug 22, 2016
Refund of Excess TDS Deposited by mistake Income Tax Aug 4, 2016
Refund of Excess TDS in case of Belated Return Income Tax Feb 23, 2016