Rectification u/s 154
This query is : Resolved
13 January 2012
as per 26AS salary is 500000, however as per form 16, salary is 474000, 26AS has shown salary inclusive of some tax free allowances.
CPC has issued intimation u/s 143(1) and computed tax on the basis of salary of rs 500000.
What should be done, should we file a rectification or submit a manual letter?
CPC has issued intimation u/s 143(1) and computed tax on the basis of salary of rs 500000.
What should be done, should we file a rectification or submit a manual letter?
Guest
Guest
(Expert)
13 January 2012
Yes, rectification should be filed if you have filed online return.
CA Deepak S
(Expert)
14 January 2012
Actually you have to tell your employer to rectify the TDS return, because the taxable salary is more as per 26AS. Then you can file the rectification application u/s 154
14 January 2012
Pl follow the procedure given by Mr. Deepak.
14 January 2012
Tell your employer to revised the return and file the rectification.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
