Re: earlier received refund
sir i had received refund on the same year for which we file details under VSV, now there is a difference between tax arrear calculation by taxpayer and tax arrear calculation by income tax authority. Is there they charged interest or penalty on earlier received refund
The assessee may file rectification application before the Designated Authority . In case no rectification is done with in a reasonable time the assessee may have to file writ before the High Court .
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