115BAC not granted
This query is : Resolved
10 January 2024
I am salaried person opted for 115BAC while submitting return, however i received 143(1) notice not granting 115BAC and I received demand of 87k.
I showed 303k loss in equity but it is showing as business loss in return file.
please guide
I showed 303k loss in equity but it is showing as business loss in return file.
please guide
11 January 2024
You should have shown it under short term/long term capital loss under capital gains schedule.
11 January 2024
Thanks !
what is the way forward, can I file corrected return again? is this possible ? can CA will able to help in this?
what is the way forward, can I file corrected return again? is this possible ? can CA will able to help in this?
11 January 2024
Time to file corrected return is over by 31st December 2023. You have to pay the taxes
11 January 2024
but I received 143(1) notice yesterday.i.e 10/01/24 , can i submit corrected return in response to notice, is this possible?
12 January 2024
Not possible now...
....
....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
