DEFECTIVE NOTICE 139(9)
This query is : Resolved
15 February 2020
WE ARE PARTNERSHIP FIRM, AND WE DONT HAVE ANY TRANSACTION FOR AST. YR. 19-20, BUT WE HAVE TDS U/S.194LA, , TOTAL AMOUNT CREDITED - 975128.00 AND TDS-97513.00 BY SPECIAL LAND ACQUISITION OFFICER (RAILWAY HAVE TAKEN OUR LAND)
I HAVE CLAIMED THIS AS REFUND BUT NOW DEPARTMENT HAVE ISSUED ME DEFECTIVE NOTICE AND THE REASON IS 'THE GROSS RECEIPT ON WHICH TAX HAS BEEN DEDUCTED ARE TO BE ENTERED IN SCHEDULES UNDER THE RESPECTIVE HEADS OF INCOME AS THEY ARE ASSESSABLE IN THE YEAR IN WHICH THE CREDITS FOR THE TDS IS BEING CLAIMED'
PLEASE HELP ME IN THIS REGARDS ALSO LET ME UNDER WHICH SCHEDULE THIS FIGURE SHOULD BE MENTIONED
I HAVE CLAIMED THIS AS REFUND BUT NOW DEPARTMENT HAVE ISSUED ME DEFECTIVE NOTICE AND THE REASON IS 'THE GROSS RECEIPT ON WHICH TAX HAS BEEN DEDUCTED ARE TO BE ENTERED IN SCHEDULES UNDER THE RESPECTIVE HEADS OF INCOME AS THEY ARE ASSESSABLE IN THE YEAR IN WHICH THE CREDITS FOR THE TDS IS BEING CLAIMED'
PLEASE HELP ME IN THIS REGARDS ALSO LET ME UNDER WHICH SCHEDULE THIS FIGURE SHOULD BE MENTIONED
16 February 2020
Enter the amount under long term capital gains schedule. Deduct indexed cost of purchase. Claim exemption under compulsory acquisition for balance amount.
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
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
