Income tax intimation 143(1) query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 December 2013
Dear Sir,
I received intimation u/s.143(1) by mail for the A.Y.2012-13. In that Asst.year I have claimed u/s.80IA deduction @30%, but in the intimation they have not taken the claim.
At the same time I was filed my return 7 days delay due to pay huge tax in that asst.year
In the above issue How may i know whether the delay filing is the only reason for the dis allowance or any another reason caused for the dis allowance.
Kindly Help me in the above circumstance.
I received intimation u/s.143(1) by mail for the A.Y.2012-13. In that Asst.year I have claimed u/s.80IA deduction @30%, but in the intimation they have not taken the claim.
At the same time I was filed my return 7 days delay due to pay huge tax in that asst.year
In the above issue How may i know whether the delay filing is the only reason for the dis allowance or any another reason caused for the dis allowance.
Kindly Help me in the above circumstance.
CA PARAS BAFNA
(Expert)
12 December 2013
Please refer Section 80AC.
.
It requires that return should be filed on or before the due date.
.
This is the only reason for denial of exemption.
.
.
It requires that return should be filed on or before the due date.
.
This is the only reason for denial of exemption.
.
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