Rectification return
This query is : Resolved
latika bhiva palav
(Querist)
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.
CA Hardik Bunha
(Expert)
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.
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