you have to wait for the notice to file a revised return because once refund is received it is not possible to file a revised return.
sir i m central govt. employee i paid tax and return bhi file kiya hai refund tax bhe a/c me aa gaya hai lakin audit team jab aayi to paya ki mere income me 10% furniture ke value add nahi ki gayi hai uska tax around 55 rupee hota hai jabki tax refund 6500 rupee tha. so advise me what can i do
you have to wait for the notice to file a revised return because once refund is received it is not possible to file a revised return.
In normal course, it may be ignored, as the tax impact is very less. If however, the department wishes to issue notice to rectify the order, you may agree for the addition with a request not to initiate penalty proceedings, as it is the responsibility of the employer to deduct tax properly and you relied upon the computation as made by the employer and the declarations filed by you to your employer were genuine and correct.