banner_ad

154 order

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 September 2019 AY 18.19 - A company's Tax Audit Report was filed in August 18 in which bonus provision amount was shown as unpaid as bonus provision was not paid till the date of report. Return of Income was filed on 31.10.18 by allowing bonus provision on payment basis u/s 43B. CPC Order (u/s 143 and 154 upon rectification request) has disallowed the said bonus on the ground of mismatch between TAR & ITR and has increased the total income. If we accept this CPC order and claim the said bonus payment in subsequent year AY 19.20. Will there be any other consequences other than extra payment of interest u/s 234B & 234C?
Can there be rectification to 154 order, because portal is showing rectification option in the rectification window.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
17 September 2019 Accept this CPC order and claim the said bonus payment in subsequent year AY 19.20. and there will be no other consequences
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details