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Hi all
An assessee was salaried employee after retirement that assessee was appointed as a professional accountant. he was retired from service on 31-03-2010. from 01-04-2010 onwards he was appointed as a professional accountant. for the privious year ending on 31-03-2011 he filed ITR 1 and claimed refund. After some months he finds that he has to file ITR 4 instead of ITR 1, now he filed ITR 4 and claimed for refund more than that of earlier refund. After online filing ITR 4 next day he got a cheque for refund of ITR 1. Nowwhat to do. Either realise cheque or refund the cheque to the IT deptt.
Plz give me expert advise
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