Notice u/s 154
This query is : Resolved
18 June 2019
Dear Experts,
If an Assessee is involved in the business of Servicing Apartments and files such income under the head "Profit or Gains from Business Or Profession" and one of the Client has deducted TDS u/s 194I pertaining to rent and we have availed such TDS for our PGBP income as such income is our main business filed under the head PGBP.........Mean time we have received a notice from the IT department for Adjustments u/s 143(1)a and we have disagreed..,.Later we have re- processed the returns and now we are receiving Notice u/s 154...Does anyone guide me how to proceed further?
It would be great help if anyone would reply to this query!!!
If an Assessee is involved in the business of Servicing Apartments and files such income under the head "Profit or Gains from Business Or Profession" and one of the Client has deducted TDS u/s 194I pertaining to rent and we have availed such TDS for our PGBP income as such income is our main business filed under the head PGBP.........Mean time we have received a notice from the IT department for Adjustments u/s 143(1)a and we have disagreed..,.Later we have re- processed the returns and now we are receiving Notice u/s 154...Does anyone guide me how to proceed further?
It would be great help if anyone would reply to this query!!!
18 June 2019
Ask the deductor to revise TDS return under 194C.
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
- TWO FIRM NAME IN ONE GST NUMBER
- Section 54 f disallowed will be taxed at what rate
- ITR -1 Filing
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Eway issued more than one
- Treatment of Profit on sale of fixed assets
- IGST Refund pending since June 2022.
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- SEA GOING ALLOWANCE
- Transfer of rectification rights to ao
Trending Online Classes
CAclubindia
