Revise return
Querist : Anonymous
I GOT COMPENSATION FROM LAND ACQUISITION BY GOVT. IN 2010-11 RS.1250000/-MY CONSULTANT WRONGLY CALCULATED THE SAME AS LONG TERM CAPITAL GAIN AND DEPOSITED RS.225000/- AS LONG TERM CAPITAL GAIN TAX.
NOW I CAME TO KNOW THAT THIS WAS EXEMPT BUT DUE TO MISTAKE BY MY CONSULTANT I SUFFERED A LOSS OF RS.225000/- OF TAX DEPOSITED THEN.
ADVICE ME REMEDIES IF,ANY AVAILABLE
.
The exemption was required to be claimed in the return of income in case the land in question was an agriculture.
.
Still you may try to file rectification request U/s 154.
.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
