Mismatch in return and 26as

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This query is : Resolved

Puran Singh Dangwal (Querist)

13 May 2018 Dear All
There was a minor amount Rs. 20000 as loss from house property. In ITR 2, this loss was not shown separately but salary income( in salary schedule) was reduced to that extent. There was not tax evasion , tax had already been deducted by the employer in March.

Now notice under section 143 a for mismatch of salary income in return and 26AS.

If I correct it by revising return, will I get further notice for explanation. What is other way out.
Please guide and help.
Regards
Puran

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

13 May 2018 Correct it by revising the return no further explanation will be called for.as the difference is not significant.

Message likes : 1 times

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

13 May 2018 Reply to notice in online e-proceeding disagree with the demand comment difference is house property loss and submit.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 May 2018 House property loss not shown in house property schedule so revision of return is required otherwise house property loss will be disallowed.

Puran Singh Dangwal

Puran Singh Dangwal (Querist)

14 May 2018 Dear R Seetharaman
Thanks for your advice. It seems convincing.
regards
Puran

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 May 2018 Welcome.........................................

Puran Singh Dangwal

Puran Singh Dangwal (Querist)

01 June 2018 Dear Sir
Can we revise the return under section 139(5) in response to an intimation of mismatch of salary in 26AS and original ITR in section 143(1)(a)(iv). and has it anything do with section 119(2)(b) 92CD while revising return.

Regards
Puran Dangwal

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

01 June 2018 Yes you can revise the return as proposed. It has nothing to do with section 119(2).

Puran Singh Dangwal

Puran Singh Dangwal (Querist)

04 June 2018 Dear Sir
Thanks.
Regards
Puran Dangwal

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