Ct 245 2025

Get Form
ct 245 Preview on Page 1

Here's how it works

01. Edit your ct 245 online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
Send 245 new york via email, link, or fax. You can also download it, export it or print it out.

The easiest way to modify Ct 245 in PDF format online

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2

Handling documents with our feature-rich and intuitive PDF editor is straightforward. Adhere to the instructions below to fill out Ct 245 online easily and quickly:

  1. Log in to your account. Log in with your credentials or register a free account to test the service before choosing the subscription.
  2. Upload a document. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
  3. Edit Ct 245. Effortlessly add and underline text, insert pictures, checkmarks, and icons, drop new fillable fields, and rearrange or remove pages from your document.
  4. Get the Ct 245 accomplished. Download your updated document, export it to the cloud, print it from the editor, or share it with other participants via a Shareable link or as an email attachment.

Make the most of DocHub, the most straightforward editor to quickly manage your documentation online!

See more ct 245 versions

We've got more versions of the ct 245 form. Select the right ct 245 version from the list and start editing it straight away!
Versions Form popularity Fillable & printable
2014 4.8 Satisfied (41 Votes)
2013 4 Satisfied (32 Votes)
2012 4.2 Satisfied (66 Votes)
2011 4.4 Satisfied (46 Votes)
2004 4 Satisfied (75 Votes)
be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
Refunds with a value of Rs. 10 lakhs or more are subject to the provisions of Section 245(2) of the Income Tax Act, 1961. As per this notification reasons recorder by the Jurisdictional Assessing Officer (JAO) shall not be cursory and such reasons should reflect the factual analysis of the case.
Section 245 of the Income Tax Act allows the assessing officer (AO) to offset your refund (or a portion of it) calculated in the current year against any outstanding tax you owe for the previous years. Before doing this, the income tax department has to inform the taxpayer about the same.
Section 245 The outstanding tax payment demand will be adjusted and communicated if you do not respond within 30 days of the notice.
Section 245(2) allows withholding of refund if assessment/reassessment proceedings are pending and granting refund may adversely affect Revenue, but only after recording reasons and obtaining approval. Unilateral adjustments without prior intimation are contrary to the statute and settled court decisions.
Log in to e-Filing portal and click Pending Actions Response to Outstanding Demand and you will be taken to Response to outstanding demand page. If there are demands outstanding against your PAN, the current status against each of the past / existing outstanding demands will be updated as Pending payment / Response.
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

(1)If, upon taking all the evidence referred to in Section 244, the Magistrate considers, for reasons to be recorded, that no case against the accused has been made out which, if unrebutted, would warrant his conviction, the Magistrate shall discharge him.
Section 245 of the Income Tax Act empowers the assessing officer (AO) to adjust the refund (or a part of the refund) against any tax demand that is outstanding from the taxpayer. In simple words, the IT department wants to adjust the refund due against a demand due from you.
An extinguished demand in income tax refers to a situation where a tax demand that was originally raised by the Income Tax Department is no longer enforceable or due. This could happen due to legal reasons, settlement agreements, or an acknowledgment by the department that the demand is incorrect or invalid.

ct245