Rectification return
This query is : Resolved
03 May 2012
Respected sir /madam
i have a query related to rectification of return. our one client received intimation
u/s 143(1) in which consider interest u/s
234 A,B,C.but our client business goes under
section 44 AD and henceforth he is not eligible to make advance tax payment and he is not liable for pay interest u/s 234 B and C.so what i can do whether i can file rectification return or not? otherwise what i can do that means any correspondence with dept.please guide me?
thanks in advance.
i have a query related to rectification of return. our one client received intimation
u/s 143(1) in which consider interest u/s
234 A,B,C.but our client business goes under
section 44 AD and henceforth he is not eligible to make advance tax payment and he is not liable for pay interest u/s 234 B and C.so what i can do whether i can file rectification return or not? otherwise what i can do that means any correspondence with dept.please guide me?
thanks in advance.
03 May 2012
You have to file Rectification Request online. In which you have to disclose THE ASSESSEE HAS OPTED SEC. 44AD HENCE INTEREST COMPUTED U/S 234B AND U/S 234C WILL NOT BE APPLICABLE.
and if you do not want to file rectification then pay tax as per demand raised.
and if you do not want to file rectification then pay tax as per demand raised.
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
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- LIC maturity claim whether taxable
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FCRA 6 E- Intimation
- EXPORT COMMERCIAL INVOICE HSN CODE
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
