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Article: IT Income Tax Refund for Company and Individual

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  1. #1
    jdhinduja is offline Opening Up
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    Article: IT Income Tax Refund for Company and Individual

    You can view the page at http://www.rtiindia.org/forum/conten...and-Individual




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    Thanks for such useful information.




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    If you have filed ITR electronically (which is usually the case now days) :

    If amount is less than Rs. 25,000/- , the refund is automatically remitted to the account no. you mentioned while filing of ITR.

    If amount is more than Rs. 25,000/- , then a cheque is couriered (address would be PAN-address / company-regd.-addr., and its details are mentioned below)


    I am not sure about the refund in case of a Company, but for individuals even for amount of Rs. 3810/- cheque is couriered to your address. I myself have received the same. I gave my ICICI bank A/c now and the cheque was credited in the same.




 

 

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