Tax intimation 143(1)
This query is : Resolved
04 September 2013
For AY 2012-13, I received intimation for paying outstanding tax and interest.
Problem was: For respective financial year, I worked for 2 employers. Tax credit on income tax site shows tax credited with 2 separate TANs. However, return mentioned all tax against 2nd employer TAN only. Hence, notice mentioned mismatch in return and CPC calculation, and asks for tax from 1st employer income (which is already credited on separate TAN).
What should I do?
1) Can rectification request online solve the purpose? Where I can add separate TANs of two employers and mentioned tax credited against those?
2) Do I need to file revised return?
Thanks
Umakant
Problem was: For respective financial year, I worked for 2 employers. Tax credit on income tax site shows tax credited with 2 separate TANs. However, return mentioned all tax against 2nd employer TAN only. Hence, notice mentioned mismatch in return and CPC calculation, and asks for tax from 1st employer income (which is already credited on separate TAN).
What should I do?
1) Can rectification request online solve the purpose? Where I can add separate TANs of two employers and mentioned tax credited against those?
2) Do I need to file revised return?
Thanks
Umakant
04 September 2013
u need to file rectification request under sec 154 and online also u can file it.
04 September 2013
refer this link for more details:
https://www.caclubindia.com/forum/details.asp?mod_id=255206&offset=4#.UicApNKBnmQ
https://www.caclubindia.com/forum/details.asp?mod_id=255206&offset=4#.UicApNKBnmQ
04 September 2013
Thanks Tushar! At online rectification request, I have to select reason as Tax Credit Mismatch (1st option), right?
Regards
Umakant
Regards
Umakant
05 September 2013
Is 1st option correct in this rectification request? i.e. Tax Credit Mismatch?
05 September 2013
yes u need to choose that option only, go ahead.
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