Income tax return possible and options available and it is legally possible to get refund or not.
If the refund was claimed without documents and notice I received how to handle that.
interest calculation:
Non payment or delay in payment of advance , You are liable to pay interest on such short payment at 1% per month till the date of such payment u/s 234C and 234B.
Current laws require taxpayers to pay advance tax only when their income tax liability for the fiscal year exceeds Rs.10,000 after deducting TDS for the applicable fiscal year.
The interest for late payment is set at 1% per month on the amount of tax due. It is calculated from the beginning of such a quarter till the date of actual payment of outstanding taxes.
In the video I have spoken about interest payable for excess refunds is a rough idea how interest will be calculated, actual working will be based on above mentioned points.
support on income tax notice reach out office 9790288234
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