ITR U Filing - Reporting of Refund Claimed in Original ITR while filing ITR U, Income Tax

[PRIYACHARAN SR]

Querry Related to ITR U Filing AY 23-24

Facts:

1) Refund Claimed in Original ITR - Rs. 40,000

2) Tax payable as per ITR-U - Rs. 10,000

Querry

While Filing ITR U, There is a column in ITR U, to report Refund claimed as per Original ITR.

Assesee hasn't recd refund of Rs. 40,000 till date, claimed in original ITR.

Should we report Refund claimed data in ITR U?

If i Report refund claimed data in ITR-U, the tax payable is mounts upto Rs. 50,000 (40,000+10,000).

Please guide.

Posts / Replies

[DR.MARIAPPAN GOVINDARAJAN]

Yes. you should report the refund claimed data in ITR-U and the pay the tax due.  I hope that the excess amount will be refunded to you.