Section to be used for filing the revised returns
This query is : Resolved
Divakar Kasamsetty
(Querist)
25 September 2016
Hello,
I have submitted by income tax returns for the assessment year (16-17) on time under section 139 (1). I received intimation via section 143(1) from CPC for TDS mismatch on Sep 24th, 2016 and demand note for Rs 600. When I checked my returns I found that TAN number mentioned under TDS (for one entry) is not correct and I need to update the same:
I have the following queries related to filing the revised returns -
1. Can I update correct TAN and submit the revised returns ?
2. Can I choose section 139(5) for revised returns ?
I have the following queries related to response I need to submit for the demand note for the above returns:
1. There are 4 options available
demand is correct, demand is partially correct, disagree with demand, demand is not correct but agree with adjustment
( in my case the demand note for Rs 600 is a raised due to TDS mismatch because of wrong TAN number in the returns)
Thanks and Regards,
Divakar
I have submitted by income tax returns for the assessment year (16-17) on time under section 139 (1). I received intimation via section 143(1) from CPC for TDS mismatch on Sep 24th, 2016 and demand note for Rs 600. When I checked my returns I found that TAN number mentioned under TDS (for one entry) is not correct and I need to update the same:
I have the following queries related to filing the revised returns -
1. Can I update correct TAN and submit the revised returns ?
2. Can I choose section 139(5) for revised returns ?
I have the following queries related to response I need to submit for the demand note for the above returns:
1. There are 4 options available
demand is correct, demand is partially correct, disagree with demand, demand is not correct but agree with adjustment
( in my case the demand note for Rs 600 is a raised due to TDS mismatch because of wrong TAN number in the returns)
Thanks and Regards,
Divakar
CA Sumiit B Nagpal
(Expert)
25 September 2016
Just revise the return u/s 139(5). Don't give any answer now. Wait for the revised return to be processed. & yes you can correct the TAN no. in the revised return.
Divakar Kasamsetty
(Querist)
26 September 2016
Thank you for your prompt reply. I will just revise and submit the return. Will not respond to demand note as per your suggestion.
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