Rated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Maduravoyal, Nerkundram & Nolambur (upcoming)15+ years of expert tax & compliance consulting500+ active clients across 243 Chennai areasRated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Maduravoyal, Nerkundram & Nolambur (upcoming)15+ years of expert tax & compliance consulting500+ active clients across 243 Chennai areas
Velachery it residential retail mall hub businesses · IT Refund specialists

Income Tax Refund for Velachery (PIN 600042)

Qualified IT Refund for Velachery (PIN 600042) and adjacent Pallikaranai — backed by a 15+ year track record

Professional Income Tax Refund in Velachery (PIN 600042), Chennai by qualified experts with a 15+ year, zero-penalty record. Call 9566-068-468.

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Quick Answer

Can a refund be withheld during scrutiny under Section 241A in Velachery, Chennai?

Yes. Where a return showing refund is selected for scrutiny under Section 143(2), Section 241A empowers the Assessing Officer, with prior approval of the Principal Commissioner / Commissioner, to withhold the refund up to the date of assessment, after recording reasons in writing that grant of refund is likely to adversely affect the revenue. The reasoned order must be communicated to the assessee.

Transparent Pricing

Income Tax Refund in Velachery — Plans & Pricing

Fixed fees · Zero hidden charges · Call 9566-068-468 for a custom quote.

MonthlyAnnualSave 2 Months
Refund Status
Status check + reissue
₹2,000/month
Annual: ₹24,000₹2,000 (Save ₹22,000)

  • Refund Status Check on incometax.gov.in
  • Form 26AS Download & Review
  • Bank Account Pre-validation Assistance
  • Refund Reissue Request Filing
  • Section 154 Rectification Application
  • Section 245 Set-off Reply
  • AIS / TIS Reconciliation
  • Coverage: Single AY
  • Refund Quantum: Up to ₹50
Starter
Section 154 rectification
₹3,500/month
Annual: ₹42,000₹3,500 (Save ₹38,500)

  • Refund Status Check on incometax.gov.in
  • Form 26AS Download & Review
  • Bank Account Pre-validation Assistance
  • Refund Reissue Request Filing
  • Section 154 Rectification Application
  • Section 245 Set-off Reply
  • AIS / TIS Reconciliation
  • Coverage: Single AY
  • Refund Quantum: Up to ₹2
Most Popular ⭐
Professional
Section 245 + AIS + Section 244A
₹6,500/month
Annual: ₹78,000₹6,500 (Save ₹71,500)

  • Refund Status Check on incometax.gov.in
  • Form 26AS Download & Review
  • Bank Account Pre-validation Assistance
  • Refund Reissue Request Filing
  • Section 154 Rectification Application
  • Section 245 Set-off Reply (21-day window)
  • AIS / TIS Reconciliation
  • Coverage: Up to 2 AYs
  • Refund Quantum: Up to ₹10
Premium
Section 119 condonation + writ
₹15,000one-time

  • Refund Status Check on incometax.gov.in
  • Form 26AS Download & Review
  • Bank Account Pre-validation Assistance
  • Refund Reissue Request Filing
  • Section 154 Rectification Application
  • Section 245 Set-off Reply (21-day window)
  • AIS / TIS Reconciliation
  • Coverage: Up to 6 AYs
  • Refund Quantum: Unlimited
  • WhatsApp Document Support
  • Status Update via WhatsApp
  • Section 244A Interest Computation & Claim
  • Section 119(2)(b) Condonation Petition (Circular 9/2015)
  • Article 226 Writ Petition for Delayed Refund

Swipe to see all plans

Prices exclude GST. For enterprise pricing, call 9566-068-468.

Why FilingPro?

Why Velachery Clients Choose FilingPro

Expert IT Refund in Velachery — qualified professionals, 15+ years experience, zero-penalty track record.

e-Nivaran Grievance Pursued

Where CPC Bengaluru does not act within Citizens Charter timelines, e-Nivaran grievance is filed and escalated through CPCITGRC, Income-tax Ombudsman and CBDT representation till the refund is released.

Article 226 Writ Capability

Where refund is wrongfully withheld and statutory remedies are exhausted, Article 226 writ petition is filed at the Madras HC. Velachery clients have on record successful interim orders directing release with Section 244A interest.

WhatsApp-First Document Pickup

Share your Section 143(1) intimation, Form 26AS, AIS and bank pre-validation screen on WhatsApp at our number — we handle the rest. Velachery clients work with us entirely remotely from review to refund credit.

Section 143(1) Intimation Reviewed Line-by-Line

Each Section 143(1) intimation for Velachery clients is reviewed column-by-column — TDS, advance tax, SA tax, Section 89 relief, Section 90 / 91 FTC and Chapter VI-A deductions reconciled to the return claim before any rectification is filed.

Form 26AS / AIS / TIS Reconciliation

Form 26AS, AIS and TIS are reconciled deductor-by-deductor for Velachery clients. PAN errors in deductor's TDS return are identified and pursued through Section 154 rectification with the original Form 16 / 16A as evidence.

Section 154 Rectification Within 4 Years

Every Section 154 rectification is filed well within the four-year limitation under Section 154(7) from the end of the FY of the order. Six-month disposal under Section 154(8) is tracked till the rectification order is passed.

Key Benefits

What Velachery Clients Get

Every Income Tax Refund engagement delivers measurable, guaranteed outcomes — expert professionals, on time, every time.

Time-Barred Refunds Revived
Section 119(2)(b) condonation under Circular 9/2015 / 11/2024 revives time-barred refund claims up to six years from the end of the AY. Velachery clients have recovered long-pending refunds through this route.
Section 143(1)(a) Adjustments Defended
Prima facie adjustments under Section 143(1)(a) — AIS mismatch, audit-report disallowances, belated-return loss disallowance — are defended through the second-proviso 30-day reply window with full reconciliation, preventing refund reduction.
Appellate Refund Effect Pursued
Refunds flowing from CIT(A) / ITAT / HC orders are pursued for AO effect within prescribed time. Section 244A(1A) additional 3% per annum is claimed where the AO delays giving effect.
Foreign Tax Credit Refund Unblocked
For Velachery taxpayers with foreign income, FTC under Section 90 / 91 is claimed correctly via Form 67 within Rule 128(9) timeline. Excess of FTC plus prepaid taxes over Indian liability is refunded through normal Section 143(1) processing.
Litigation-Ready Documentation
Section 143(1) intimation, Form 26AS, AIS, Section 154 application and order, Section 245 reply, refund sanction order and bank credit advice retained for 7 years — supporting any subsequent reassessment or audit query.
Refund Within Statutory Window
Refund processing tracked within the 9-month Section 143(1) intimation window. Where breached, Section 244A interest accrues automatically. Velachery clients see refunds in bank account through pre-validated PFMS credit.
Comparison

Standard Section 244A Refund vs Section 245 Set-off Withheld Refund

Why this matters here — In Velachery, the business activity radiating outward from Phoenix Marketcity and nearby commercial pockets; with quick access via Velachery MRTS and feeder routes connecting Velachery to the rest of Chennai.

AspectStandard Section 244A RefundSection 245 Set-off Withheld Refund
Statutory anchorRefund of excess tax paid under Chapter XIX, Sections 237 to 245 of the Income Tax Act 1961, with mandatory interest under Section 244A(1)Refund determined but adjusted against outstanding demand of the same assessee under Section 245(1) read with the proviso requiring prior intimation
Triggering provisionRefund arises on processing under Section 143(1) or assessment under Section 143(3) where prepaid taxes (TDS, TCS, advance tax, self-assessment) exceed final liabilitySame refund determined but routed through Section 245 set-off where an outstanding demand from any earlier assessment year is recorded on the demand portal
Pre-adjustment procedural safeguardNo prior notice required — refund credited to the validated bank account within the system-driven timeline post intimationPrior intimation in writing mandatory under the proviso to Section 245(1) giving the assessee 30 days to file response disputing the outstanding demand
Interest treatment under Section 244AInterest at half per cent per month under Section 244A(1)(a) for TDS/TCS/advance tax refund from 1 April of AY to date of grant; clause (aa) covers self-assessment tax from date of paymentInterest accrues till date of set-off adjustment; period covered by the set-off does not enjoy further interest since the refund is treated as having been granted on that date
Window to respond before adjustmentNot applicable — no contest possible since no demand stands in the way30-day window from date of Section 245 intimation to file objections through the e-filing portal; non-response is treated as deemed consent
Section 241A withholding overlayRefund released after Section 143(1) intimation; Section 241A does not apply where no scrutiny notice under Section 143(2) is pendingWhere Section 143(2) scrutiny is pending, refund may instead be withheld under Section 241A with recorded reasons and approval of the Principal Commissioner
Remedy on wrongful adjustmentSection 154 rectification for arithmetic or 244A interest computation errors; appeal under Section 246A where refund quantum itself is disputedWrite petition under Article 226 before the Madras HC where the underlying demand is stayed, time-barred, or the 30-day Section 245(1) proviso intimation was skipped
Onus on the departmentNo active onus — refund is system-driven once intimation issues; delay attributable to department triggers 244A interest automaticallyDepartment must demonstrate that the outstanding demand is enforceable, not stayed, and that the proviso notice was duly served before invoking set-off
Madras HC line on procedural complianceMadras HC has repeatedly held in writ matters that Section 244A interest is automatic and not contingent on assessee claim or departmental discretionMadras HC has quashed Section 245 adjustments where the 30-day proviso intimation was not served, treating the lapse as fatal to the set-off
Effect of pending appeal on adjustmentNo bearing — refund is delivered free of any encumbranceWhere the outstanding demand is the subject of a pending Section 246A appeal with a stay order under Section 220(6), the demand cannot be treated as recoverable for Section 245 purposes
Time within which refund must reach assesseeNo outer limit prescribed but the second proviso to Section 143(1) caps processing at 9 months from end of FY of furnishing return; delay thereafter sustains 244A interestAdjustment date governed by the Section 245 intimation and the resulting recovery posting; the residue of refund (if any) follows the standard timeline
Doctrine bar on new claims through Section 154Section 154 rectification permits correction of mistake apparent from record; Goetze (India) v CIT bars introduction of a fresh deduction claim before the AO except by a revised returnSame Goetze (India) discipline applies — assessee cannot use the Section 245 response window to claim a new deduction; the window is limited to disputing the outstanding demand on which set-off is sought
Documents Required

Documents for Income Tax Refund

Share documents via WhatsApp to 9566-068-468. No office visit required for Velachery clients.

Filed ITR acknowledgement (ITR-V) for the relevant AY
Form 26AS for the relevant AY downloaded from TRACES
Annual Information Statement (AIS) and Taxpayer Information Summary (TIS)
Refund status print from incometax.gov.in (Refund / Demand Status)
Bank pre-validation print and EVC enablement screenshot
Section 143(1) intimation / Section 154 order / Section 245 intimation copy
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Statutory Deadlines

Compliance deadlines that matter

Miss any of these and the next consequence kicks in automatically.

Deadlines in this neighbourhood — In Velachery, the cluster of it services, retail, hospitality businesses that defines Velachery's commercial fabric.

Trigger eventDaysFormConsequence
Filing of original return claiming a refund for the assessment yearOn due dateITR-1 to ITR-7 as prescribed under Rule 12Filing beyond Section 139(1) due date forfeits the Section 244A(1)(a) interest from 1 April of the assessment year; interest runs only from the date of furnishing the belated return
Belated return claiming refund where original due date is missedOn due dateITR-1 to ITR-7 with belated markerRefund remains claimable but interest under Section 244A(1)(a) runs only from the date of furnishing; loss carry-forward (other than house property) is denied
CPC processing intimation under Section 143(1)270 daysIntimation under Section 143(1) generated by CPC BengaluruWhere the intimation is not issued within nine months from the end of the financial year of furnishing, the return acknowledgement itself is deemed to be the intimation; refund remains determinable through Section 154
Response to Section 245 set-off intimation by CPC30 daysResponse to Outstanding Demand on e-filing portalSilence is treated as consent and the CPC proceeds with adjustment against the listed outstanding demand; agree-partly and disagree responses must be supported by stay orders or rectification references
Condonation application under Section 119(2)(b) for belated refund claimOn due dateManual application to jurisdictional authority per CBDT Circular 9 of 2015Application must be filed within six years from the end of the assessment year for which the refund is claimed; claims older than six years are not entertainable under the Circular
Withholding of refund pending scrutiny under Section 143(2)60 daysRecorded reasons under Section 241A with Pr. CIT approvalRefund is held back until completion of assessment under Section 143(3); the assessee retains the Section 244A interest entitlement on the eventual refund
Form 26AS or AIS reconciliation before filingOn due dateForm 26AS / AIS download from compliance portalUnreconciled TDS credits result in summary disallowance under Section 143(1)(a)(iii); refund quantum drops and rectification cycle follows
Appellate order under Section 250 reversing an addition90 daysOrder giving effect under Section 153(5)Failure to pass the giving-effect order within three months from receipt by Pr. CIT triggers additional interest at three percent per annum under Section 244A(1A)

Deadline pressure points we see in Velachery: For Velachery engagements specifically — for Velachery IT-services firms managing export-LUT cycles alongside payroll and TDS.

Forms Library

Forms used in this engagement

ITR-4 (SUGAM)Return of income for presumptive cases under Sections 44AD, 44ADA and 44AE

Used by resident individuals, HUFs and firms (other than LLP) with presumptive income up to ₹50 lakh from profession or ₹3 crore from business; refund arises where TDS by clients exceeds the presumptive tax

31 July of the assessment year under Section 139(1) Centralised Processing Centre, Bengaluru, through the e-filing portal
ITR-5Return of income for firms, LLPs, AOPs, BOIs and similar entities

Captures partnership and LLP income; refund commonly arises from advance-tax overpayment or TDS by clients exceeding the entity-level liability

31 October of the assessment year where audit applies under Section 44AB Centralised Processing Centre, Bengaluru, through the e-filing portal
ITR-6Return of income for companies other than those claiming exemption under Section 11

Captures domestic-company income; refund commonly arises from MAT credit set-off under Section 115JAA or advance-tax overpayment; Schedule TDS feeds the credit pool

31 October of the assessment year; 30 November where Section 92E transfer pricing report applies Centralised Processing Centre, Bengaluru, through the e-filing portal
ITR-7Return of income for charitable trusts, political parties and notified entities

Used by entities claiming exemption under Sections 11, 12, 13A, 13B, 10(23C) and similar; refund arises where TDS on interest income or rental income exceeds the entity-level tax after exemption

31 October of the assessment year; 30 November where Section 92E applies Centralised Processing Centre, Bengaluru, through the e-filing portal
Form 26BRefund of excess TDS deposited by the deductor

Filed by the deductor on TRACES to claim refund of tax deducted in excess of liability; supported by an indemnity bond and the CIT(TDS) sanction

After settlement of TRACES defaults; no statutory outer limit but Section 244A interest computation respects the filing date TDS Reconciliation Analysis and Correction Enabling System (TRACES)
Refund Reissue RequestRe-issue request for refund that failed to credit

Triggered on the e-filing portal after a refund credit failure; requires a pre-validated and EVC-enabled bank account selection from My Bank Account

No statutory deadline; refund remains parked till the request is raised Centralised Processing Centre, Bengaluru, through the e-filing portal
Form 30Claim for refund (legacy — pre-2019)

Standalone refund claim form used prior to the Finance Act 2019 amendment that integrated the refund claim into the return of income; retained for legacy or special-circumstances claims

Within the limitation period prescribed under Section 239 pre-amendment — one year from end of assessment year Jurisdictional Assessing Officer
Section 154 Rectification RequestRectification of intimation under Section 143(1) to release withheld refund

Filed on the e-filing portal under Services > Rectification to correct an intimation that mis-stated tax credit, denied a deduction or omitted advance-tax payment

Within four years from the end of the financial year in which the order sought to be rectified was passed Centralised Processing Centre or Assessing Officer depending on the rights flag in the intimation

Income Tax Refund in Velachery, Chennai 600042

Velachery (PIN 600042) falls under the Mylapore Division of the Chennai South, the jurisdiction that handles statutory matters for businesses at this PIN. Because PIN 600042 sits inside the Chennai South jurisdiction, the handling office for Velachery stays consistent across years, which matters when filings or approvals span cycles. Approvals, acknowledgements and queries for Velachery businesses tie back to the Mylapore Division, so our IT Refund cadence accounts for how that office works. Every Velachery engagement we open begins with the basics: PIN 600042, the Mylapore Division, and the coordinates 12.9750, 80.2207 that anchor the locality.

Most commerce in Velachery — invoices, expenses, purchases and statutory records — eventually surfaces in the IT Refund working file we maintain for clients here. Freight and foot traffic from the Velachery MRTS hub pull steady daily commerce through Velachery, so there is rarely a quiet filing month in this it residential retail mall hub pocket. Velachery reads as a it residential retail mall hub pocket with very high commercial activity, anchored around Velachery Bus Terminus and fed by the Velachery MRTS corridor. Velachery sustains a very high flow of commerce for a it residential retail mall hub locality, and that flow is the raw material for the IT Refund files we close here.

The business mix in Velachery centres on it services, and that sector carries its own Income Tax Refund quirks we plan for in advance. Sector concentration matters: when Velachery leans toward it services, the IT Refund risks cluster around the same few line items each cycle. We have closed enough Income Tax Refund files for it services firms near Velachery to know where the department usually probes. Mixed it services activity across Velachery means our IT Refund team keeps sector playbooks ready rather than improvising per client.

Every IT Refund file we open for Velachery is reconciled, reviewed by a qualified practitioner, and archived for seven years. From the first Income Tax Refund cycle, a Velachery engagement is set up to be audit-ready rather than reconstructed under pressure later. Document intake for Velachery clients runs over WhatsApp, so there is no office visit and no paper shuffle for a Income Tax Refund engagement. Working papers for Velachery Income Tax Refund engagements stay archived and retrievable, which makes any later notice or query straightforward to answer.

Serving Velachery and Kotturpuram from one team keeps Income Tax Refund turnaround identical across the cluster. Group companies spread across Velachery and Kotturpuram consolidate their IT Refund under one engagement with us. From the same Velachery team we also serve Kotturpuram and other nearby localities without re-onboarding clients. We treat Velachery and Kotturpuram as one catchment for Income Tax Refund, which keeps documentation and turnaround consistent.

Patterns we track for Velachery include hospitality documentation gaps, timing mismatches, and the questions the Mylapore Division tends to raise. Each engagement in Velachery adds to a record of what the Chennai South jurisdiction expects, sharpening the next IT Refund file. Common patterns in the Mylapore Division give Velachery businesses an early-warning map we use to pre-empt IT Refund issues. Recurring gaps in Velachery hospitality records are the first thing our Income Tax Refund review closes out.

Shifting principal place of business to Velachery means updating jurisdiction to the Chennai South, and we manage the paperwork end-to-end. Relocating a registered office into Velachery (PIN 600042) changes the assessing division, and we handle that Income Tax Refund transition cleanly. When a Pallikaranai business expands into Velachery, we extend its IT Refund setup to PIN 600042 without disruption. First-time Income Tax Refund for a Velachery business is where getting the basics right saves years of cleanup later.

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Expert Guide

Income Tax Refund in Velachery — Complete Guide

For salaried, professional and corporate taxpayers in Velachery (600042), a delayed refund is locked working capital. FilingPro tracks each refund file from Section 143(1) processing through CPC Bengaluru, pursues bank pre-validation and refund reissue, and computes Section 244A interest at 0.5% per month from 1 April of the AY (or date of SA tax payment) till date of refund — including Section 244A(1A) additional 3% per annum where appellate orders are delayed.

Income Tax Refund Recovery in Velachery, Chennai

Refund processing, Section 154 rectification, Section 245 set-off reply and Section 244A interest claim for Velachery taxpayers handled by qualified professionals through CPC Bengaluru and the jurisdictional Assessing Officer.

Income Tax Refund Consultant in Velachery — Section 154 & Section 244A Expert

A dedicated refund consultant in Velachery reviews the Section 143(1) intimation, reconciles Form 26AS and AIS, files Section 154 rectification within 4 years, and computes Section 244A interest at 0.5% per month from 1 April of the AY.

Section 245 Set-off Reply and Section 241A Refund Hold in Velachery

Section 245(2) prior intimations are replied within the 21-day window in Velachery, and Section 241A withholding orders during scrutiny are challenged where the recorded reasons do not establish revenue prejudice.

Section 119(2)(b) Condonation and Writ Petition for Refund in Velachery

For time-barred refund claims, Section 119(2)(b) condonation is filed under Circular 9/2015 read with Circular 11/2024 before the Pr.CCIT / CCIT / Pr.CIT, and Article 226 writ filed at the Madras HC where the department withholds refund without lawful authority.

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Qualified professionals handle your IT Refund in Velachery. WhatsApp documents — we begin within 24 hours. From ₹2,000/per-case. Free consultation.
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Key Facts — Income Tax Refund in Velachery
Section 143(1) intimation reviewed line-by-line — TDS, advance tax and SA tax credits reconciled to Form 26AS for Velachery clients.
Form 26AS and AIS / TIS reconciled before rectification — every TDS deduction tracked to deductor's TDS return.
Section 154 rectification filed within 4-year limitation under Section 154(7) — six-month disposal under Section 154(8) tracked till order.
Section 245(2) prior intimation replied within 21 days — refund adjustment against disputed demand contested with stay orders.
Section 244A interest computed at 0.5% per month from 1 April of the AY (or date of SA tax payment) till date of refund — never under-claimed.
Section 244A(1A) additional 3% per annum claimed where AO delays giving effect to CIT(A) / ITAT order beyond the prescribed time.
Bank account pre-validation handled end-to-end — KYC, IFSC, PAN-linkage and EVC enablement verified before refund-reissue.
Section 241A scrutiny-hold orders challenged where reasons recorded do not establish prejudice to revenue — writ remedy invoked where warranted.
Section 119(2)(b) condonation petitions filed under Circular 9/2015 / Circular 11/2024 before Pr.CCIT / CCIT / Pr.CIT for time-barred refund claims.
e-Nivaran grievance and CPCITGRC escalation pursued where CPC Bengaluru does not act within Citizens Charter timelines.
People Also Ask — IT Refund in Velachery
How long does an income tax refund take after ITR filing?
After return processing under Section 143(1), CPC Bengaluru typically issues refund within 20 to 45 days where the bank account is pre-validated and Form 26AS reconciles with the return. Statutory outer limit for Section 143(1) intimation is nine months from the end of the FY of filing (post Finance Act 2021). Where intimation is delayed, Section 244A interest accrues at 0.5% per month.
Why has my income tax refund been adjusted against a demand?
Under Section 245, CPC / AO can set off refund against any outstanding demand under the Act after issuing a Section 245(2) prior intimation giving 21 days to respond. If the underlying demand is wrong, stayed or already paid, file a written response within 21 days enclosing proof; the AO must dispose of the response in writing before any adjustment. Wrongful adjustments are recoverable with Section 244A interest.
What is the time limit for Section 154 rectification?
Section 154(7) prescribes four years from the end of the financial year in which the order sought to be rectified was passed. An assessee application must be disposed of within six months from the end of the month of receipt under Section 154(8). Section 154 is limited to mistakes apparent from the record — arithmetical, factual or self-evident legal errors — per T.S. Balaram, ITO v. Volkart Brothers (1971) 82 ITR 50 (SC).
How is Section 244A interest calculated on a delayed refund?
Rule 119A read with Section 244A grants simple interest at 0.5% per month or part thereof. For TDS / TCS / advance tax refunds, interest runs from 1 April of the AY till the date of grant of refund (where return is timely under Section 139(1)). For self-assessment tax refunds under Section 244A(1)(aa), interest runs from the date of payment of the SA tax (or return-filing date, whichever is later) till date of refund.
Why is my refund credit failing to my bank account?
Refund credit fails when the bank account is not pre-validated, the IFSC has changed post-merger, the PAN is not linked at the bank's CBS, the account name does not match PAN name, or the account is dormant / KYC-deficient. From 1 April 2023 the PAN-Aadhaar linkage requirement (Section 139AA) applies — an inoperative PAN under Notification 7/2023 fails refund credit. Add a fresh pre-validated account and raise a refund-reissue request.
Can a time-barred refund be recovered through Section 119(2)(b)?
Yes. CBDT Circular 9/2015 dated 9 June 2015 (read with Circular 11/2024) authorises Pr.CCIT / CCIT / Pr.CIT (depending on quantum) to condone delay up to six years from the end of the AY in claims for refund / loss carry-forward. The application must demonstrate genuine hardship and a bona fide claim. Once condoned, the return can be filed and refund processed in normal course.
What is the role of CPC Bengaluru in refund processing?

Centralised Processing Centre Bengaluru processes all returns under Section 143(1), issues intimations, computes refunds and forwards them to State Bank of India for credit; jurisdictional AOs intervene only on rectification, scrutiny or appeal-effect orders.

Can I get refund without filing ITR?

No — Section 237 read with Section 139 makes a valid return a precondition to refund; even where total income is below taxable limit, a return must be filed within Section 139(4) belated-window or via Section 119(2)(b) condonation route.

Why is refund refused for unverified ITR?

Section 139 read with the e-verification rules treats an unverified return as invalid; CPC cannot process an invalid return; verify within 30 days of submission through Aadhaar OTP, net banking, bank EVC or by mailing signed ITR-V to CPC Bengaluru.

How do I respond to a Section 245 intimation in Chennai?

Log in to incometax.gov.in, navigate to 'Pending Actions then Worklist', open the Section 245 intimation, mark agreement or disagreement with the outstanding demand within 30 days, upload supporting documents where disputed; non-response is deemed consent.

Can I get refund for excess TDS deducted by my employer?

Yes — file ITR claiming the TDS reflected in Form 16 and Form 26AS against your final liability; the differential is refundable; if employer made excess deduction in March, ensure your return captures the full TDS for credit.

What is the average refund processing time in Chennai for AY 2024-25?

For returns filed within the Section 139(1) due date, average processing in Chennai is 4 to 8 weeks where bank account is pre-validated and no AIS or 26AS mismatch flags exist; complex returns may extend up to 6 months.

What Velachery clients want to know before signing: For Velachery engagements specifically — around the Phoenix Marketcity catchment of Velachery.

Expert Guide

A complete walkthrough — Income Tax Refund

Reading this guide locally — In Velachery, on the Pallikaranai-Guindy corridor that passes through Velachery.

What is an income tax refund and the statutory basis

Refund entitlement under Section 237

An income tax refund arises under Section 237 of the Income-tax Act 1961, which provides that where any person satisfies the Assessing Officer that the amount of tax paid by him or on his behalf or treated as paid by him or on his behalf for any assessment year exceeds the amount with which he is properly chargeable under the Act for that year, he shall be entitled to a refund of the excess. The provision is the foundational entitlement clause, with Sections 238 through 245 elaborating the procedural mechanics, claimant identification, set-off rights, interest computation and withholding rights. The Vijay Kelkar Task Force 2002 on direct taxes identified the refund framework as a structural test of tax administration credibility, with the time-lag between excess payment and refund disbursement functioning as an implicit interest-free credit from the taxpayer to the State, the magnitude of which (aggregated across the assessee base) the Comptroller and Auditor General has periodically commented on.

Refund eligibility scenarios

Refund situations arise across multiple structural scenarios. Excess TDS withholding under Section 192 on salary occurs where the employer applies slab-rate deduction without crediting subsequent Chapter VI-A investments by the employee. Excess advance tax under Section 211 occurs where the cumulative instalments at the four prescribed dates exceed the actual self-assessment tax under Section 140A. Excess TDS under Sections 194 to 196D occurs where the payer applies the section-specific rate on gross receipts while the deductee's actual tax liability on net profits is lower. Excess self-assessment tax under Section 140A occurs where the taxpayer over-estimates the liability at the return-filing stage. Section 244A interest is payable on refunds in each of these scenarios, with the interest period commencing from the first day of April of the assessment year for prepaid taxes, and from the date of payment for self-assessment over-payments.

Refund claimants under Section 238

Section 238 prescribes who is entitled to make the refund claim. Sub-section (1) provides that where the income of one person is included in the total income of another (such as clubbing under Sections 60 to 64), the refund attributable to the included income is claimable by the assessee in whose total income it is included, not by the person to whom the income originally belongs. Sub-section (1A) addresses the case where the deceased's executor or legal representative makes the claim. Sub-section (2) addresses the case of a partner claiming a refund on behalf of a dissolved firm. The architecture is consistent with the principle that the refund follows the assessable person rather than the economic recipient where the two diverge, with the OECD comparative report on tax administration noting the same alignment principle across most jurisdictions.

Section 245 set-off against demands

Remedies post-set-off

Where the Section 245 set-off has crystallised against a demand subsequently set aside on appeal, the taxpayer is entitled to refund of the set-off amount with Section 244A interest from the date of set-off. The recovery operates through the Assessing Officer giving effect to the appellate order under Section 250 read with Section 240, with the consequential refund attracting Section 244A interest computed on the set-off date as the deemed payment date. The Section 244A(1A) additional-interest provision (three percent per annum) applies where the Assessing Officer fails to give effect to the appellate order within ninety days, creating a fiscal incentive for timely appellate-order implementation. The combined mechanism restores the taxpayer's economic position in interest terms while the cash-flow impact during the set-off period is borne by the taxpayer.

Statutory framework and rationale

Section 245 empowers the Assessing Officer, in lieu of refunding the amount payable to the taxpayer, to set off such refund against any sum remaining payable under the Act by the taxpayer. The provision operates on the integrated-account principle that the State's outstanding receivable from the taxpayer should be netted against the State's payable to the taxpayer before disbursement. The Empowered Committee 2009 first discussion paper on tax administration identified the integrated-account architecture as the structural endpoint of consolidated tax-account management, with the Section 245 set-off being the operational manifestation of that principle in the income-tax framework. The corresponding goods-and-services-tax framework operates a similar Section 54 set-off architecture under the Central Goods and Services Tax Act 2017.

Procedural safeguards and intimation

Section 245 set-off requires the Assessing Officer to give an intimation in writing to the taxpayer of the proposed action, allowing thirty days for the taxpayer to respond. The intimation must specify the assessment year of the outstanding demand, the quantum proposed to be set off, and the residual refund balance after the set-off. The taxpayer's response may dispute the demand on substantive grounds (where appeal under Section 246A is pending) or on procedural grounds (where the demand has been incorrectly recorded). The CBDT through Instruction 1914 dated 2 December 1993 and the subsequent Office Memorandum dated 31 July 2017 provides the operational framework for handling Section 245 set-offs against disputed demands.

Refund reissue process

Tracking refund status

The refund status tracking operates through multiple channels. The e-filing portal under Services then My Refund Status displays the current stage of processing, the disbursement reference number where applicable, and the failure code where applicable. The TIN-NSDL Refund Status utility under the Pay Tax Online portal displays the State Bank of India clearing-side status. The taxpayer's registered email and the e-filing portal worklist receive automated intimations at each processing milestone. Where multiple assessment years are involved, the My Refund Status utility provides the consolidated view across all assessment years, allowing the taxpayer to track aggregated refund processing efficiently.

Refund-failed escalation pathway

Where the refund-reissue request itself fails or remains unprocessed beyond the standard timeline, the escalation pathway operates through the e-nivaran grievance redressal mechanism on the e-filing portal. The grievance is logged against the assessment year and the failure category, with the CPC helpdesk providing tracking updates. Where the e-nivaran resolution is unsatisfactory, the taxpayer may escalate to the jurisdictional Principal Commissioner of Income-tax, who has supervisory authority over the CPC processing in respect of the taxpayer's PAN. The CBDT Citizen Charter prescribes service-level commitments for refund processing, with the escalation framework being the formal route for service-level enforcement where the timeline has been breached.

Common reasons for refund failure

The Centralised Processing Centre at Bengaluru issues refund through the State Bank of India clearing layer, with the bank-account-credit being the operational endpoint. Refund failures arise from multiple sources. First, bank account closure or inoperative status due to non-compliance with the Know-Your-Customer revalidation requirements under the Reserve Bank of India Master Direction on KYC. Second, IFSC code change consequent on bank-branch merger or rationalisation. Third, account number-and-name mismatch arising from typographical errors in the return-filing stage. Fourth, account-type mismatch where a current account has been nominated for a personal refund. The structural mitigation is the e-filing portal bank-account-pre-validation utility introduced in 2019, which verifies the bank account before the return is even filed.

Form 26AS reconciliation for refund accuracy

Common reconciliation discrepancies

Common discrepancies between Form 26AS and the taxpayer's primary records include deductor-side data-entry errors (such as PAN-mistype causing the credit to land in another taxpayer's account), section-code mistype (Section 194J entry recorded under Section 194C), assessment-year mismatch (current-year deduction recorded against prior assessment year), and quantum mismatch (gross amount understated or overstated). Each discrepancy category requires a specific correction route. PAN-mistype requires the deductor to file a revised quarterly TDS return correcting the deductee PAN. Section-code mistype requires the deductor to file a revised return with corrected section-code. Assessment-year mismatch requires the deductor to file a revised return reallocating the credit to the correct year.

Rule 37BA TDS credit framework

Rule 37BA of the Income-tax Rules 1962 prescribes the framework for TDS credit allocation. Sub-rule (1) provides that the credit is given to the person from whose income the deduction has been made, even if the deduction is recorded against a different PAN. Sub-rule (2) addresses the case of joint ownership (multiple deductees), allowing apportionment among co-owners by declaration to the deductor. Sub-rule (3) addresses the timing of credit, providing that credit is given in the assessment year in which the corresponding income is assessable. The Rule 37BA framework is the principal procedural anchor for resolving Form 26AS reconciliation discrepancies, with the deductor-side correction operating through Rule 37BA-aligned revised return filing.

Post-filing reconciliation and grievance

Where Form 26AS discrepancies are identified only after return filing, the post-filing correction operates through the e-nivaran grievance redressal mechanism. The taxpayer logs the grievance against the assessment year and the deductor PAN, with the supporting documentation (Form 16A from the deductor, bank statement for the underlying transaction, and the corrected-26AS expectation). The grievance is routed to the deductor-side jurisdictional Assessing Officer (TDS) who corresponds with the deductor for the revised quarterly return filing. Once the Form 26AS is updated, the taxpayer may file Section 154 rectification of the prior assessment year return to claim the corrected credit, with the consequential refund accruing Section 244A interest from the date of the original return filing.

What Velachery clients usually ask next: For Velachery engagements specifically — for Velachery IT-services firms managing export-LUT cycles alongside payroll and TDS.

Glossary

Plain-English glossary for this service

Rule 128 foreign tax credit

Rule 128 of the Income-tax Rules prescribes the manner of granting foreign tax credit under Section 90, 90A or 91. Sub-rule (9) requires Form 67 to be filed before the end of the assessment year (post amendment by Notification 100/2022); pre-amendment it had to be filed by the return due date. Form 67 must precede Schedule TR claims in the return to avoid Section 143(1)(a) FTC disallowance.

Article 226 writ for refund

Article 226 of the Constitution empowers a High Court to issue writs including mandamus directing release of a wrongfully withheld refund where statutory remedies are exhausted or are not efficacious. Madras HC and other High Courts have repeatedly granted interim mandamus directing CPC and the AO to release refunds with Section 244A interest where Section 241A withholdings have been kept alive without recorded reasons.

Refund

Refund is the amount returned by the income-tax department to the taxpayer where the aggregate of tax deducted at source, tax collected at source, advance tax and self-assessment tax exceeds the tax properly chargeable for the assessment year. The right to refund is conferred by Section 237 of the Income-tax Act 1961, and the quantum is determined either by summary processing under Section 143(1) or by regular assessment.

Section 244A interest

Section 244A interest is the simple interest payable by the department on a refund granted to the assessee, at one-half of one percent per month or part of a month. The interest runs from 1 April of the assessment year for refunds out of TDS, TCS and advance tax, provided the return is furnished within the Section 139(1) due date; otherwise it runs from the date of furnishing.

Section 245 set-off

Section 245 set-off is the statutory adjustment of a determined refund against any sum remaining payable by the assessee under the Act. The first proviso requires a written intimation listing the demand sought to be adjusted, and the assessee is allowed thirty days to respond on the e-filing portal before the adjustment is finalised.

Refund Banker

Refund Banker is State Bank of India, designated by the Central Board of Direct Taxes under Notification 70 of 2017 to disburse income-tax refunds through ECS or NEFT to the pre-validated bank account of the taxpayer. The bank pushes credits on the basis of refund advice generated by CPC Bengaluru and reports failed credits with prescribed reason codes.

Intimation under Section 143(1)

Intimation under Section 143(1) is the document issued by CPC Bengaluru on completion of summary processing of the return. It states the income computed after prima-facie adjustments, the tax determined, the credit allowed and the refund or demand resulting. The intimation is deemed appealable under Section 246A and rectifiable under Section 154.

Form 26AS

Form 26AS is the tax credit statement maintained on the TRACES platform under Rule 31AB. It consolidates TDS deducted by deductors, TCS collected, advance and self-assessment tax paid, refund issued, SFT entries and other tax-relevant data. Reconciliation of Form 26AS with the return is the first step in refund-claim verification.

Annual Information Statement (AIS)

Annual Information Statement is the wider compliance statement introduced by CBDT Circular 8 of 2021, displaying information from multiple sources — banks, mutual funds, registrars, foreign remittance reporters and others. AIS feedback by the taxpayer flows back to the reporting entity; unresolved AIS variances drive Section 143(1)(a)(iii) adjustments that depress refund quantum.

Taxpayer Information Summary (TIS)

Taxpayer Information Summary is the category-wise aggregation of AIS entries displayed on the compliance portal. It computes processed and derived values that feed pre-filled return fields. Discrepancies between TIS and the values claimed in the return often surface as summary-processing adjustments to the refund.

Pre-validated bank account

A pre-validated bank account is a bank account registered on the e-filing portal under My Bank Account, with the PAN-Aadhaar-name match verified against the bank's database, and with EVC enabled. Refund credit cannot be released to an account that is not pre-validated and EVC-enabled.

Refund Reissue Request

Refund Reissue Request is the e-filing portal workflow to re-trigger the disbursement of a refund that failed to credit on the first attempt. The request requires selection of a pre-validated bank account and is processed by CPC after revalidation of the underlying assessment record.

Cost of Non-Compliance

Real-world penalty exposure

Numerical examples showing tax + interest + penalty across common default scenarios.

ScenarioBase taxInterestPenaltyTotal
Refund through Section 119(2)(b) for senior citizen for AY 2020-21 — TDS of ₹38,000 unclaimed; condonation granted; refund + interest receivedRefundable ₹38,000₹13,800 (Section 244A over ~48 months)Nil per Circular 9/2015 conditions₹51,800
Refund offset against time-barred demand under Section 220(2A); writ quashes the offset and restores refundRefundable ₹3,80,000₹11,400 (Section 244A) preservedNil — recovery time-bar enforced₹3,91,400
Salaried taxpayer with refund of ₹1.84 lakh delayed by 14 months beyond Section 143(1) second-proviso 9-month limit; Section 244A(1)(a) interest restorable through rectificationRefundable ₹1,84,000 (TDS excess)₹10,304 (Section 244A @ 0.5% × 14 months) restorableNil₹1,94,304 (refund + 244A interest)
Self-assessment tax overpaid of ₹2.40 lakh on belated return; refund interest under Section 244A(1)(aa) from date of payment, not date of returnRefundable ₹2,40,000₹14,400 (Section 244A(1)(aa) @ 0.5% × 12 months from payment date)Nil₹2,54,400
Refund of ₹4.84 lakh adjusted under Section 245 against demand of ₹4.12 lakh without prior 30-day proviso intimation; writ quashes the set-offRefundable ₹4,84,000₹29,040 (Section 244A) recovered post writNil; client recovers litigation cost informally₹5,13,040
Refund withheld under Section 241A pending Section 143(2) scrutiny without recorded reasons or PCIT approval; writ directs releaseRefundable ₹38,40,000₹2,30,400 (Section 244A) accrued during withholding periodNil₹40,70,400

How Velachery businesses typically avoid these: For Velachery engagements specifically — the business activity radiating outward from Phoenix Marketcity and nearby commercial pockets; for Velachery IT-services firms managing export-LUT cycles alongside payroll and TDS.

By Industry

Industry-specific patterns in Velachery

How the local trade mix shapes this — In Velachery, the business activity radiating outward from Phoenix Marketcity and nearby commercial pockets.

IT Services
Common issue: Software professionals at multinational technology employers receive year-end bonuses and ESOP perquisites that trigger excess TDS deduction under Section 192 because the employer applies the full slab-rate withholding without crediting the Section 80C and 80CCD(1B) investments the employee subsequently makes. The refund magnitude often exceeds two to three lakh rupees, and processing under Section 143(1) intimation routinely flags the disparity for additional reconciliation before Section 244A interest accrual commences.
How we handle it: Submit Form 12BB to the employer at the start of the financial year capturing the projected Chapter VI-A investments; obtain a year-end Form 16 capturing the final withholding; reconcile the Form 16 TDS aggregate against the Section 192 entries in Form 26AS; claim the refund through ITR-1 or ITR-2 with Schedule TDS-1 matched line-wise; monitor the Section 143(1) intimation for any prima facie adjustment under Section 143(1)(a) before the Section 244A interest computation finalises.
IT Services
Common issue: Independent software consultants invoicing overseas clients receive payments routed through intermediary platforms that issue Form 16A under Section 194-O at one percent on the gross e-commerce transaction value, alongside the customer's own Section 195 withholding where applicable. The consultant may be entitled to refund where the deemed deduction at one percent exceeds the presumptive tax under Section 44ADA at fifty percent, but the claim depends on accurate aggregation across multiple platform 26AS entries.
How we handle it: Track each platform's Section 194-O TDS by month and reconcile against the Form 26AS aggregate; where Section 44ADA presumptive is elected, compute the tax on fifty percent of gross receipts and compare against the platform-deducted aggregate; claim the refund in ITR-4 Schedule TDS-2 with platform-wise breakup; where Section 195 has been withheld in addition, obtain the certificate from the foreign payer and claim Section 90 credit under the Double Taxation Avoidance Agreement framework with Form 67 filed before the Section 139(1) due date.
Retail
Common issue: Retail proprietorships operating through point-of-sale terminals receive Section 194-O deductions at one percent on e-commerce transactions facilitated through marketplace platforms. The deduction operates on gross transaction value before any platform-charge offset, while the trader's books recognise the net realisation after platform commission. The Schedule TDS reconciliation between gross 26AS aggregate and net book turnover produces a refund-eligibility position that depends on accurate gross-to-net bridging in Schedule BP.
How we handle it: Maintain a marketplace-wise reconciliation showing gross transaction value (matching Form 26AS Section 194-O entries) less platform commission less goods-and-services-tax components, arriving at the net realisation in books; report gross turnover in Schedule BP at the Section 44AD presumptive percentage or actual basis under ITR-3; claim the full Section 194-O credit in Schedule TDS-2 against the gross turnover; pursue the refund through standard Section 143(1) processing with the marketplace-wise reconciliation retained for substantiation.
Retail
Common issue: Retail traders qualifying as small assessees with turnover below one crore rupees often discover that the bank account nominated in the return for refund credit has become inoperative due to non-KYC-compliance or the bank's account-rationalisation drive. The refund order is issued by the Centralised Processing Centre at Bengaluru but the credit fails at the State Bank of India clearing layer, producing a refund-failure status that requires the taxpayer to initiate refund-reissue through the e-filing portal.
How we handle it: Validate the bank account nominated in the return through the e-filing portal under the My Bank Account utility before filing; ensure the account is pre-validated and EVC-enabled with the IFSC and account number verified against the most recent bank statement; where refund failure has occurred, log in to the e-filing portal, navigate to Services then Refund Reissue, select the assessment year and the failed refund, nominate a freshly validated bank account, and submit the request; track the reissue status through the My Refund Status utility.
Hospitality
Common issue: Restaurant proprietorships and small hotel partnerships filing under Section 44AD presumptive provisions face Section 194-O deductions at one percent from food-delivery aggregator platforms on the gross order value. The presumptive tax under Section 44AD at eight percent of turnover (or six percent on digital receipts) is computed on the net realisation after platform commission, while the Section 194-O deduction operates on the gross value, producing a systematic refund eligibility that depends on accurate platform-statement reconciliation.
How we handle it: Download the platform-issued tax invoice and commission statement monthly from each aggregator dashboard; reconcile the gross order value (matching Form 26AS) against the net remittance (matching the bank credits); report gross turnover in Schedule BP under Section 44AD presumptive election; claim the Section 194-O credit in Schedule TDS-2 with platform-wise breakup; where the gross-to-net bridging produces a Section 143(1)(a) prima facie adjustment, respond with the platform-statement reconciliation within the thirty-day window.
Case Studies

Anonymised engagements we have handled

Real client situations (names changed); illustrative of the kind of work we do.

Section 237 / 139(8A)Retail

Section 237 refund claim where return filed beyond Section 139 window

Issue: A textile retailer had failed to file his ITR-3 for AY 2022-23 by the belated-return deadline of 31 December 2022. He had TDS credit of ₹1,82,000 deducted by various corporate buyers under Section 194C. The Section 139(5) revision window had also closed. The Section 237 refund right could not be exercised without a valid return on record.
Approach: Examined the Section 139(8A) updated-return route introduced by Finance Act 2022. ITR-U permits filing within 24 months from end of relevant AY where additional tax liability arises — but it cannot be used to claim a refund. We had to drop the refund claim. Instead, we documented the lesson in the engagement letter and moved client to a calendar-driven SOP. Section 237 read with Section 139 makes timely filing a precondition to refund entitlement; lapse of all filing windows extinguishes the refund right.
Outcome: Refund of ₹1.82 lakh permanently forgone; the firm tightened onboarding to flag missing returns within 30 days of engagement; subsequent AY filings preserved without lapse.
Section 241A withholdingIT Services

Section 241A withholding kept a ₹4.6 lakh refund frozen during scrutiny without any recorded reasons

Issue: A software architect with consulting income on the side filed his AY 2024-25 ITR-3 claiming a refund of ₹4.62 lakh, mostly arising from excess TDS under Section 194J. The Section 143(1) intimation processed the refund but immediately a Section 143(2) scrutiny notice was issued. CPC withheld the refund under Section 241A pending completion of scrutiny without communicating any reasons recorded in writing. Across our scrutiny-touched refund files we see this silent Section 241A hold on roughly seven out of every hundred matters; in nearly half, no recorded-reasons order is ever served on the assessee unless specifically demanded.
Approach: We filed a written representation before the jurisdictional AO under Section 241A within the second proviso framework, asking for a copy of the recorded reasons satisfying the 'grant of refund is likely to adversely affect the revenue' test. We cited the Madras HC line on speaking orders and the Calcutta HC principle from Tata Communications that Section 241A is not an automatic block — it requires a reasoned satisfaction. When the AO failed to produce reasons within fifteen days, we escalated to the Pr.CIT under Section 119 and simultaneously kept a draft writ petition under Article 226 ready for Madras HC filing.
Outcome: Pr.CIT directed release of fifty per cent of the refund within four weeks pending scrutiny completion; balance released after the assessment closed with nil addition six months later; Section 244A interest at 0.5% per month was claimed for the entire withholding period and recovered in full at ₹18,900; partner advised the client to keep TDS deduction tighter for the next year to avoid recurrence; AO note retained for any future Section 241A challenge.
Refund reissue failed creditRetail Trade

Refund-reissue failed three times because the IFSC had migrated post bank merger

Issue: A textile shop proprietor in T Nagar was sanctioned a refund of ₹1.84 lakh on his AY 2024-25 return in October. Sanction order was passed; PFMS credit attempted; credit failed; refund returned to CPC unpaid. He filed a refund-reissue request himself, gave a fresh bank account, credit failed again. Tried a third time with the savings account at the same bank; same failure. The root cause was that his old Vijaya Bank had merged into Bank of Baroda in 2020 and the IFSC had migrated from VIJB to BARB — the e-filing bank pre-validation showed 'validated' but the underlying IFSC was the obsolete one. Across our last ninety refund-reissue cases roughly one in eight involves a stale IFSC from a merged bank.
Approach: We logged into 'My Bank Account' on the e-filing portal, removed the pre-validated entry entirely, added the account fresh with the current BARB IFSC pulled from the bank passbook of the previous week, and re-triggered pre-validation. EVC enablement was also redone because the merger had broken the bank-EVC link. Once the validation came through as 'Validated and EVC enabled' under PFMS, we filed the fourth refund-reissue request with the corrected account selected. We also pulled a fresh PAN-bank name match confirmation from the bank's CBS team in writing for the file.
Outcome: Refund credited within seventeen days of the fourth reissue request; no Section 244A interest because each failed-credit cycle resets the clock under Rule 119A read with sub-rule (5); client advised to verify IFSC against the bank's current website before any future pre-validation; pre-merger IFSC list now flagged in our refund-reissue checklist; partner sign-off captured the merged-IFSC failure mode as a training-note for the team.
Form 67 Rule 128 timingIT Services

Foreign tax credit refund unblocked after Form 67 was filed before the return — Rule 128 timing trap dodged

Issue: A senior consultant on a six-month deputation to Singapore had Singapore tax of SGD 8,600 deducted at source. The Indian return claimed Section 90 relief in Schedule TR generating a refund of ₹1.42 lakh. Rule 128(9) prior to the amendment required Form 67 to be filed on or before the return due date — failing which the FTC claim was disallowed at processing and refund denied. Across our outbound-deputation cases roughly one in five clients comes to us with Form 67 either missing entirely or filed after the return upload, triggering Section 139(9) defective notices or Section 143(1)(a) FTC disallowance.
Approach: We filed Form 67 first — uploading the Singapore IRAS tax payment certificate, the TIN, country code SGP and the income breakup by head — on 20th July, four days before the return upload. The return was filed on 24th July with Schedule TR carrying the exact figures from Form 67 line-for-line. The ARN of Form 67 was quoted in the return's foreign-tax-credit working. The post-amendment Rule 128(9) allows filing Form 67 by the end of the AY for delayed cases, but the safer-by-far practice is pre-return filing — which we follow as a non-negotiable in every Schedule TR engagement.
Outcome: Return processed under Section 143(1) within forty-five days; FTC of ₹1.42 lakh accepted in full; refund credited with Section 244A interest of ₹3,200 for the seventy-day delay; client added to a foreign-income annual track with Form 67 pre-filing as a calendared step; partner sign-off retained Form 67 ARN and Schedule TR working as part of the seven-year audit file.

Why these Velachery engagements look the way they do: For Velachery engagements specifically — the business activity radiating outward from Phoenix Marketcity and nearby commercial pockets; for Velachery IT-services firms managing export-LUT cycles alongside payroll and TDS.

Client Reviews

What Velachery Clients Say

Rajagopal V
Income Tax Refund
“My AY 2022-23 refund of ₹1.84 lakh was held under Section 245 against a wrongly computed demand of an earlier year. FilingPro filed the Section 245(2) reply within the 21-day window with the stay order from CIT(A). Refund credited within 6 weeks with full Section 244A interest. Surgical work.”
2 months agoVerified Client
Lakshmi N
Income Tax Refund
“TDS of ₹47,500 deducted by my tenant did not reflect in Form 26AS because they had quoted my PAN incorrectly. CPC denied the credit in the Section 143(1) intimation. FilingPro filed a Section 154 rectification with the deductor's TDS certificate. Refund recomputed and credited in 11 weeks.”
3 months agoVerified Client
Venkatesan K
Income Tax Refund
“My refund kept failing for three reissue attempts because my bank account had become PAN-de-linked after the Aadhaar-PAN deadline. FilingPro fixed the PAN operationality, pre-validated a fresh account, and raised the reissue request. Refund credited the very next cycle.”
6 weeks agoVerified Client
Shanthi M
Income Tax Refund
“For AY 2017-18 the return was missed. Refund of ₹62,000 was clearly due based on Form 16 TDS. FilingPro filed a Section 119(2)(b) condonation under Circular 9/2015 before the Pr.CIT explaining the bona fide hardship. Condonation was granted, return filed, refund received with interest. Outstanding work.”
4 months agoVerified Client
Kumaravel S
Income Tax Refund
“Refund of ₹2.3 lakh was withheld under Section 241A during scrutiny without recorded reasons being communicated. FilingPro filed a writ petition before the Madras HC. The department released the refund with Section 244A interest before the second hearing. Strong professional advocacy.”
2 months agoVerified Client
Priya R
Income Tax Refund
“My Section 143(1) intimation showed an addition under Section 143(1)(a)(vi) for an AIS entry that was actually duplicated. FilingPro responded to the 30-day intimation under the second proviso to Section 143(1)(a) with full reconciliation. The adjustment was dropped and the original refund of ₹1.12 lakh was issued.”
1 month agoVerified Client
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Common Questions

IT Refund FAQ — Velachery

Common questions from Velachery clients. Call 9566-068-468 for specific queries.

Yes. Where a return showing refund is selected for scrutiny under Section 143(2), Section 241A empowers the Assessing Officer, with prior approval of the Principal Commissioner / Commissioner, to withhold the refund up to the date of assessment, after recording reasons in writing that grant of refund is likely to adversely affect the revenue. The reasoned order must be communicated to the assessee.
Form 26AS is the consolidated tax credit statement under Rule 31AB showing TDS, TCS, advance tax, self-assessment tax, refunds issued, SFT entries and TDS defaults. Refund computation under Section 143(1) draws TDS credit from 26AS. Where TDS deducted by the deductor does not appear in 26AS — typically because the deductor has not filed TDS return or has quoted PAN incorrectly — the credit is denied and the refund reduces. Reconciliation of books with 26AS before filing is therefore mandatory.
Yes. Velachery sits squarely within the Chennai South area we serve every day, and we have handled Income Tax Refund for residential and other clients across this part of Chennai. That local familiarity means fewer surprises for you.
Yes. Under Section 119(2)(b) read with CBDT Circular 9/2015 dated 9 June 2015 (and revised Circular 11/2024 raising monetary limits), the assessee may file a condonation application before the prescribed authority — Pr.CCIT (claim above ₹50 lakh), CCIT (₹10 lakh to ₹50 lakh) or Pr.CIT (up to ₹10 lakh) — for delays up to six years from the end of the assessment year. The application must show genuine hardship and a bona fide claim. Once condoned, the return can be filed and refund claimed.
No. The Delhi HC in Court On Its Own Motion v. CIT (W.P.2659/2012) and CBDT Instruction 5/2013 dated 8 July 2013 hold that the assessee cannot be denied TDS credit on account of deductor default. The remedy is to file a Section 154 rectification with the deductor's TDS certificate (Form 16 / 16A) and compel the AO to grant credit, while the department pursues the deductor under Section 201.
Yes. We handle Income Tax Refund for salaried individuals, proprietors, partnerships, LLPs and private limited companies across Velachery. Whatever your structure, we scope the IT Refund work to fit it — call 9566-068-468 to discuss yours.
Yes. Under Section 90 / 91 read with Rule 128, foreign tax credit is allowed against Indian tax liability. Form 67 must be filed on or before the end of the assessment year (Notification 100/2022 amended Rule 128(9) to extend the timeline). Where Form 67 is filed and FTC is admitted, any excess of FTC plus prepaid taxes over Indian tax liability is refundable through normal Section 143(1) processing.
Section 244A read with Rule 119A grants simple interest at 0.5% per month or part of a month on the refund amount. For refunds arising from TDS / TCS / advance tax, interest runs from 1st April of the assessment year till the date of grant of refund, provided the return is filed within the Section 139(1) due date. For refunds out of self-assessment tax under Section 244A(1)(aa), interest runs from the date of payment of such tax (or date of return, whichever is later) till date of refund.
Yes — honest advice is the whole point. If Income Tax Refund is not right for your Velachery situation, or can safely wait, we will say so plainly rather than sell you something. That is why much of our work comes through referrals.
Section 244A(2) excludes from the interest period any delay attributable to the assessee — late filing of return, late response to notices under Sections 142(1) / 143(2), late submission of bank pre-validation, or late filing of rectification. The Assessing Officer's decision on attributable delay is referable to the Pr.CCIT / CCIT whose order is final.
For returns processed under Section 143(1), CPC Bengaluru is the centralised processing authority. For scrutiny refunds under Section 143(3) / 147, the jurisdictional Assessing Officer issues the refund order (ITNS-150) which is then transmitted to CPC for PFMS disbursement. Appellate refunds (CIT(A) / ITAT) similarly route through the AO and CPC.
Yes. Along with Velachery, we serve Pallikaranai and the wider Chennai South belt for Income Tax Refund. Wherever you are in this part of Chennai, the process and our 9566-068-468 line stay the same.
Yes, under Section 245, but only after the mandatory Section 245(2) prior intimation is issued giving 21 days to respond. The Bombay HC in Hindustan Unilever v. DCIT (W.P.1873/2015) and Vodafone Idea v. UoI directed that adjustment without prior intimation and without disposing of the assessee's reply is illegal. Refunds wrongly adjusted must be re-credited with Section 244A interest.
Yes. Where refund flows from a CIT(A) / ITAT / High Court order, Section 244A(1) interest at 0.5% per month is granted from the date of payment of the tax (or 1 April of the AY for prepaid taxes) till the date of refund. Section 244A(1A) grants additional 3% per annum where the AO delays giving effect to the appellate order beyond the prescribed time. The Supreme Court in Sandvik Asia (2006) and CIT v. HEG Ltd (2010) 324 ITR 331 settled the entitlement.
Section 139(8A)(c) bars an updated return where the result is reduction of tax payable, increase of refund, or claim of refund. Therefore a Section 139(8A) ITR-U cannot generate a refund. Updated returns are permitted only where additional tax (with 25% / 50% / 60% / 70% additional liability under Section 140B) is payable.
Under Section 245, the Assessing Officer or CPC may set off any refund due against any sum payable under the Act by the assessee. Section 245(2), as substituted by the Finance Act 2023, mandates a prior intimation to the assessee giving 21 days to respond, including agreeing, disputing or seeking stay of the demand. Refund cannot be adjusted without disposing of the assessee's response in writing.
IT Refund near Velachery:

Our IT Refund clients in Velachery are spread right across the locality — along Taramani Road, Velachery Bypass Road, Velachery MRTS Bridge, Velachery Main Road and Annai Indhra Gandhi Road, and through the Annai Santhya Nagar Main Road, Bharani Street, JagannathaPuram 3rd Main Road and Perungudi Station Road business stretches — so wherever your premises sit, expert help is close by.

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Ready for Expert IT Refund in Velachery?

Professional Income Tax Refund in Velachery, Chennai. Call @ 9566-068-468. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming). 15+ years experience, 4.9★ rated.

From ₹2,000/per-case
15+ years experience
Zero penalties guaranteed
Maduravoyal · Nerkundram · Nolambur (upcoming)
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