IT intimation u/s 143(1)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2011
Hi,
I have just recieved an intimation from central processing centre of IT dept about AY 09-10.
The letter in a tabular form compares my returns filed vs computation under Sec143(1)
The letter drastically reduces the deductions claimed under chapter VIA ...finally arriving at a new tax figure and is asking me to pay the balance( for which they have included chalan ITNS 280)
1. any idea why this discrepency in the taxable amount? is it normal?
2. Can i challenge the claim? how?
3. Where do i fill the tax ?
I have just recieved an intimation from central processing centre of IT dept about AY 09-10.
The letter in a tabular form compares my returns filed vs computation under Sec143(1)
The letter drastically reduces the deductions claimed under chapter VIA ...finally arriving at a new tax figure and is asking me to pay the balance( for which they have included chalan ITNS 280)
1. any idea why this discrepency in the taxable amount? is it normal?
2. Can i challenge the claim? how?
3. Where do i fill the tax ?
28 May 2011
Kindly go for Rectification U/S 154 of IT act
Message likes :
1 times
28 May 2011
CHECK IF U FILLED THE SCHEDULE OF VI-A DEDUCTIONS PROPERLY
IF YES GO FOR RECTIFICATION UNDER SECTION 154
IF YES GO FOR RECTIFICATION UNDER SECTION 154
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
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 1: Details for showing Exempt Income
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- 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
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
