Notice u/s 245

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2017 Hi Sir,

One of my known has got in notice U/s 245 from income tax for AY 2015-16. actually he reported his GTI 422664 and deduction 140810 and in this way total taxable income is 281854. and paid tax on it RS. 1221.

Now the income tax demand for outstanding approx 19k. actually the officer calculated tax on 422664 and did not consider the deduction. however our return is ok but it was filled in Manually.

Pls suggest how can I response on that. need your urgent help.

Thanks in advance.

Vaibhav

Vaibhav (Expert)

16 February 2017 You have to produce proof of Rs.140810/- deduction to your assessing office and make rectification for your return.

Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2017 Can I do this Online

Vaibhav

Vaibhav (Expert)

16 February 2017 Not at all because you file your return manually

Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2017 but it is also showing online also

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

16 February 2017 Move rectification application u/s 154 before the ITO since paper return can't be rectified online.
Then respond online to the notice u/s 245 by selecting appropriate option such as 'demand not correct'. 'Rectification pending before ITO'.

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