RULE-37BA_2022_004

This query is : Resolved

JohnR (Querist)
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05 November 2022 I have revised ITR 3 times and each time return treated as defective with Error Code :RULE-37BA_2022_004 which says "The gross receipts shown in Form 26AS are higher than the total of the receipts shown under all heads of income, on which credit for TDS has been claimed, in the return of income filed."

i have 2 TDS entries in 26as as follows
1. TDS u/s 194c - Business Income under 44AD declared
2.TDS u/s 194N - this is not income so not added in income

can any one resolve this ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 November 2022 What is your 44AD turnover.
How much cash you have withdrawn from your bank account. What for you have withdrawn cash.

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JohnR

JohnR (Querist)
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05 November 2022 44ad turnover 17,00,000/- contract work
cash withdrawal 9,00,000/- for labour payment

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 November 2022 194N TDS should not have been deducted in your case.
What is the TDS under section 194N.

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JohnR

JohnR (Querist)
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05 November 2022 TDS under section 194N is 18000/-

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 November 2022 You have rightly filed ITR.
It's software problem raise grievances in the e filing portal and contact CPC helpline.

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JohnR

JohnR (Querist)
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06 November 2022 CPC helpline gave answer to file corrected ITR with incomes matching with 26AS.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 November 2022 Did 194c income of 26AS matche with turnover of 44AD.

JohnR

JohnR (Querist)
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06 November 2022 yes exact amount mentioned in 26as declared as turnover in 44AD

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 November 2022 Then the software is expecting you declare income for 194N TDS, which is not required as it's only cash withdrawal.
Once again contact CPC helpline and tell them no income need to be declared for 194N TDS.
Request them to correct the software for validation of ITR.

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