The Assessee had received Original Form 3 in Dec 2020. Before making the payment, Assessee received another Form 3 in March 2021 enhancing the Demand to 125% based on FAQ no. 70 of CBDT Circular. Assessee filed a Rectification application with DA stating that they are not covered, based on the modified Circular. Assessee saw another Form 3 posted online on 30th August 2021, restoring the original amount, however Assessee was not aware about this, at the time of making payment and made payments at 125%. Can Assessee claim Refund of this excess payment made? If Yes, should it before Filing Form 4? Also, who is the concerned Authority to apply for Relief?<\/p>\n","protected":false},"excerpt":{"rendered":"
The Assessee had received Original Form 3 in Dec 2020. Before making the payment, Assessee received another Form 3 in March 2021 enhancing the Demand to 125% based on FAQ no. 70 of CBDT Circular. Assessee filed a Rectification application with DA stating that they are not covered, based on the modified Circular. Assessee saw another Form 3 posted online on 30th August 2021, restoring the original amount, however Assessee was not aware about this, at the time of making payment and made payments at 125%. Can Assessee claim Refund of this excess payment made? If Yes, should it before Filing Form 4? Also, who is the concerned Authority to apply for Relief?<\/p>\n