Shibin Varghese (SE) (51 Points)
30 April 2015Hi,
I have recieved a 1431a Outstanding Tax Demand notification from IT department. It showing my demand Amount is Rs.5670. When I checked the respective Form 16 and 26AS Tax Credit Statement, both shows Rs.5666.
What response should I submit for this Outstanding Tax Demand?
I can see multiple options like Demand is Correct, Demand is Partially Correct and Demand is Incorrect.
Please suggest the response I should submit for this 1431a Outstanding Tax Demand.
Thanks,
Shibin Varghese
CA HAYEDAR SHAIKH
(Practice )
(627 Points)
Replied 01 May 2015
Dear Shibin,
If you have filed your return online, check that whether it is due to non matching of TDS?
If yes, then you need file rectification request under the caption my account on income tax site.
For this you need to have TAN and Name of your deductor ( Please make sure that the same amount of TDS is appearing your in your Form 26AS).
After filing the same, the demand will be automatically removed from Pending actions appearing against your pan after processing the rectification.
Shibin Varghese
(SE)
(51 Points)
Replied 01 May 2015
CA HAYEDAR SHAIKH
(Practice )
(627 Points)
Replied 02 May 2015
Dear Shibin,
If you have physically filed the return, then you need to write a request letter to your concerned AO regarding the cancelation of demand.
Along with this letter, attach copy of IT Return, Form 26AS, TDS certificate received from deductor and copy of intimation received from CPC.
After getting corrected order, scan the same and submit under the caption pending actions along with details of AO.
The demand will be definitely get cancelled.
CAclubindia
