Posted by “ Dear Taxpayer, It is seen that a claim of refund has been made in the Income Tax Return xxxxxxxxxxxxxxxxx (e-filing acknowledgement number) @ for 20YY (Ass.Year.) filed by you on DD-MMM-YYYY.(Date of Filing of Income Tax Returns). Your Income Tax Return has been selected under risk management process wherein your confirmation is required on the claim of refund. You are requested to submit your response in the e-Filing Portal post login by selecting either of the following options:
1. The claim of refund is correct to the best of my knowledge and belief.
2. Return of Income is being revised wherein, correct claim of refund shall be made.
To submit the above mentioned response, please login to e-Filing portal, Go to Worklist->For Your Action-> Response for Refund Confirmation. Please verify the claims made in your Return of Income filed and submit your response accordingly.
In case of any incorrect claims, please revise your Income Tax Return (ITR). Please submit your response within 30 days of receipt of this e-mail. “
Clarification from CBDT regarding email for pending Income Tax Refunds
Thereafter, Immediately CBDT by Press Release on 15/04/2020, clarified the matter of such emails to Taxpayers as follows:-
“In pursuance to the Government’s decision vide Press Note on 8th April 2020 to issue pending Income Tax Refunds up to Rs 5 lakh in order to help taxpayers in a COVID-19 pandemic situations, the Central Board of Direct taxes (CBDT) today said that it has already issued over 10.2 lakh refunds totaling to around Rs. 4,250 crore as on 14 April 2020. These refunds are over and above the 2.50 crore refunds already issued in FY 19-20 till 31 March 2020 totaling Rs 1.84 lakh crore.
The CBDT further said that about 1.75 lakh more refunds are in the process of issuance in this week. These refunds would get credited directly to the taxpayer bank account in 5-7 business days from issuance. However, in around 1.74 lakh cases, email responses are awaited from taxpayers regarding reconciliation with their outstanding tax demand for which a reminder email has been sent asking them to respond within seven days so that the refund can be processed accordingly.
It may be noted that these reminder emails from I-T department are in fact for the benefit of taxpayers as it seeks them to confirm their outstanding demand, their bank accounts and reconciliation of defect/mismatch prior to issue of refund.
The CBDT appealed that it is in the interest of taxpayers to provide a response to such emails at the earliest so that refunds could be processed and issued at the earliest. CBDT has requested taxpayers to check their email and login to their e-filing account to respond to the I-T Department immediately.
The CBDT also said that it has noted in a few media, including social media, some questions are being raised with regards to CBDT’s computerised email to the taxpayers to respond within 7 days for enabling the department to process refund. In this regards, it is clarified that these are the necessary routine process related communications to the taxpayers to seek response on defective ITRs, prima facie adjustments and where confirmation is sought about certain claims made by them. In all such cases, a quick response from the taxpayer would enable the I-T Department to process their refunds expeditiously. “
Why Income Tax Refund is not received?
After reading the above email & Press release/s, you must have understood the reason for hold on your Income Tax Refund by Risk Management System Process (based on certain risk parameters in the system) may be as under-
1. Any Income Tax Demand is outstanding against you for any earlier assessment year/s & you have not submitted the response. In case of non-response/wrong response, refund will be adjusted u/s.245 to that extent
2. You have submitted Bank Account details for Refund, which is common in one or more ITR/s filed by another Tax Payer/s. e.g. You are joint account holder in the bank along with your son & wife. All of you 3 persons have submitted same bank account for getting refund. However the fact is not known to Income Tax Department’s system. Tax department want to make sure that the correct bank account details have submitted for refund or someone wrongly (intentionally or unintentionally) fed another bank account details.
3. You have not submitted response to prima facie adjustments u/s.143(1)(a)
4. You have not submitted response to Defective Income Tax Return notice u/s. 139(9)
5. You have claimed Tax Rebates/Deductions/Exemption over & above Form 16.
6. You may also verify the 26AS and Compliance Portal/Insights Reports for various Tools/Reports available and cross verify with details filed in ITR for any incorrect information furnished.
7. In case you have not received any such notice/communication from department, but still the refund has not been received, then you may also check that incorrect IFSC Code/Bank Account Number/Closed bank account details may have been given at the time of filling of ITR. You can now submit Refund Reissue Request at E-filing Portal.
Conclusion:
Thus, you need not to worry about the communication received from Income Tax Department & file your response according to the facts.
Have more questions ? ! ? Need help in getting your ITR filed ? Feel free to contact us at:
www.classicassociate.com | support@classicassociate.com | 93444 17156
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