Don’t be surprised if you get lesser income tax refund this year, the income tax dept is adjusting past dues against this year’s refund

Income Tax Notice: "Since there are pending assessment / re-assessment proceeding in the case of taxpayer, the refund release/withhold will be based on the response provided by Jurisdictional Assessing Officer(JAO) in accordance with the provisions of section 245(2) of the Income Tax Act, 1961." Read below to know how this notice can put an hold on your tax refund.

from Tax-Wealth-Economic Times https://ift.tt/cUm729V