After filing ITR, tax payers wait for their refund. To move the refund process forward, the Income Tax Department first gives information to the taxpayers about the processing of their returns. Under the process, an intimation comes on the email ID of the taxpayers. After three to four weeks, the refund money comes in the account of the taxpayers.
The last date for filing ITR was 31 July. According to the information given by the Income Tax Department, 7.28 crore returns have been filed till the last date. After filing ITR, tax payers wait for their refund. To move the refund process forward, the Income Tax Department first gives information to the taxpayers about the processing of their returns. Under the process, an intimation comes on the email ID of the taxpayers. After three to four weeks, the refund money comes in the account of the taxpayers. However, it is important to understand here that not all taxpayers who file income tax returns get the refund money. The department sends back the return money when the taxpayer has deposited more money as tax than his liability. Tax of the taxpayers is calculated during the process of income tax return.
Income Tax Department may make a mistake in tax calculation. The department sends intimation to the taxpayers under Income Tax Act section 143 sub section 1. If you find in this detail sent by the department that the tax calculation is not correct and your refund should be more, then you can file a rectification request under Income Tax Act section 154. This rectification request can be filed by the taxpayers by visiting the e-filing portal of the Income Tax Department.
You can make a request on the e-filing portal. The Income Tax Department says that if you find any kind of mistake regarding the intimation notice, then a request can be made on the e-filing portal. Here it is necessary to understand that the option of rectification request is useful only for those returns which have already been processed by the Centralized Processing Center.
For which mistake will the rectification request be useful?
What kind of mistakes can be corrected by submitting the rectification request? Regarding this, the Income Tax Department says that do not use the rectification request for any other mistake made by you. The option of revised return is useful for such mistakes.
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