Adjustments u/s 143[1][a]
This query is : Resolved
13 February 2019
AY FOR WHICH LOSS IS CLAIMED 2013 = DUE DATE OF FILING OF THE PREVIOUS YEAR RETURN AS PER CPC RECORDS 05TH AUG.2013=AMOUNT OF LOSS PROPOSED TO BE DISALLOWED 8635/-.
NOW THE FACT IS ITR AY 2013-2014 WAS FILED ON 10TH JUNE 2013 AGAINST ACKNOWLEDGEMENT FROM IT OFFICE= MEANS RETURN FILED IN TIME , BEFORE DUE DATE. THUS ABOVE ADJUSTMENT NOT ACCEPTABLE TO ME. HOWEVER THE PORTAL OF REPLY ONLINE IS TIME BARED NOW AND IT OFFICE ADVISED TO FILE REVISE RETURN FOR AY 2018-19 . HERE ALSO NEED NOT TO DO SO AS THE COMMUNICATION U/S 143[1][a] IS INCORRECT. HOWEVER IF I FILE REVISE RETURN [AS ORIGINAL ONE ] THEN UNDER WHICH SECTION , BECAUSE THERE IS NO MENTION OF U/S 143[1][a] IN THE FORM. NOT ONLY THAT WHAT WILL BE THE IMPACT OF IT ON MY RETURN FOR AY 2018-19? NEED GUIDANCE SINCE THERE MAY BE LAST DATE FOR FILING REVISE RETURN ALSO. Please guide / help.
NOW THE FACT IS ITR AY 2013-2014 WAS FILED ON 10TH JUNE 2013 AGAINST ACKNOWLEDGEMENT FROM IT OFFICE= MEANS RETURN FILED IN TIME , BEFORE DUE DATE. THUS ABOVE ADJUSTMENT NOT ACCEPTABLE TO ME. HOWEVER THE PORTAL OF REPLY ONLINE IS TIME BARED NOW AND IT OFFICE ADVISED TO FILE REVISE RETURN FOR AY 2018-19 . HERE ALSO NEED NOT TO DO SO AS THE COMMUNICATION U/S 143[1][a] IS INCORRECT. HOWEVER IF I FILE REVISE RETURN [AS ORIGINAL ONE ] THEN UNDER WHICH SECTION , BECAUSE THERE IS NO MENTION OF U/S 143[1][a] IN THE FORM. NOT ONLY THAT WHAT WILL BE THE IMPACT OF IT ON MY RETURN FOR AY 2018-19? NEED GUIDANCE SINCE THERE MAY BE LAST DATE FOR FILING REVISE RETURN ALSO. Please guide / help.
CA. Brijesh Baranwal
(Expert)
20 February 2019
You can met your jurisdictional officer in person and find out the exact issues. Also there is chance to revise the return for AY 2018-2019 depending upon the type of issue in the letter/notice.
23 February 2019
I have furnished the details viz: itr return copy of ay 13-14 and it's acknowledgement also along with copy of notice communication u/s 143[1][a] and opt for instructions from ITO concerned where I filed my return for AY 2013-14 and await the instructions/guidance etc in the matter.
However I may mention here that the disallowed loss for ay 2013-14 needs to be shown in return of ay 2018-19 BUT THE REASON TO DO SO IS LATE FILING OF RETURN OF AY 2013-14 WHCIH IS FILED IN TIME SO IT IS CONFUSED WHAT TO DO?
Can I get guidance, now?
Please.
However I may mention here that the disallowed loss for ay 2013-14 needs to be shown in return of ay 2018-19 BUT THE REASON TO DO SO IS LATE FILING OF RETURN OF AY 2013-14 WHCIH IS FILED IN TIME SO IT IS CONFUSED WHAT TO DO?
Can I get guidance, now?
Please.
27 September 2021
Once disallowed, it need not be declared in any succeeding ITRs. Only thing to check is why the ITR was treated as 'filed u/s. 139(4)'?
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
