Notice of Incorrect claim u/s 143(1) (a) (ii)
This query is : Resolved
21 October 2019
Sir i got INCOME TAX Intimation Notice-
Schedule-Deduction
Error Description-Assessee is claiming deduction u/s 80D more than the specified limit
Amount in Income tax return-70000
Amount as computed-50000
Variance on account of proposed adjustment-20000
Now what should I do sir. Please guide me
Schedule-Deduction
Error Description-Assessee is claiming deduction u/s 80D more than the specified limit
Amount in Income tax return-70000
Amount as computed-50000
Variance on account of proposed adjustment-20000
Now what should I do sir. Please guide me
21 October 2019
Accept the demand , file revised return / rectify the mistake
Message likes :
1 times
21 October 2019
You can revise your return to claim any deduction if left to take, if all information is correct, then you can accept the demand and pay tax liability online. If still, you have any query, feel free to call us at - 9911303737
Message likes :
1 times
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
- CLOSING STOCK QUERY
- TDS on rent received on hardship compensation being rent on redevelopment of building
- ITR-Capital Gain
- Gst on travel by air for business purposes
- Query regarding reporting of exempt foreign remuneration in ITR
- Loss of interest in PF transfer from EPFO to Trust
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Taxation on Old jewellery sold
- NRI INSURANCE ADVISOR
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
