Demand letter
This query is : Resolved
30 April 2014
what is meaning of income tax demand
30 April 2014
After filling of Return, ITO will scrutinize your Return and send a notice u/s 143(3) of the IT Act. Under this notice, officer will ask you to submit some details related to Expense, sales, Purchase etc. and you have to convinced him that your Books of Account is matched with return filed details. If he is not satisfied then he issued notice of Demand. Under which he demand tax amount for which he is not satisfied by your explanation/presentation.
30 April 2014
After filling of Return, ITO will scrutinize your Return and send a notice u/s 143(3) of the IT Act. Under this notice, officer will ask you to submit some details related to Expense, sales, Purchase etc. and you have to convinced him that your Books of Account is matched with return filed details. If he is not satisfied then he issued notice of Demand. Under which he demand tax amount for which he is not satisfied by your explanation/presentation.
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- Annual return of gst limit
- Not able to file ITR
- TDS ON CASH WITHDRAWALS...
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Foreign inward in ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
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
