Dear All,
For AY2019-20, I had claimed relief u/s 90 article 25(2) for the tax deducted at US for the dividend given for my ESOPs held at ETrade. ETrade had deducted 25% withholding tax regarding which I filed a relief in my ITR.
But few days back, I got a income tax notice, where a demand is made to pay tax. Upon close scrutiny of the income tax calculations, I see that my claim, of 25% tax withheld at US, under DTAA sec 90 article 25(2) is not considered and that is the root cause of this demand.
What do I do now ?
Should I file a rectification request ?
But I feel that nothing is required to be changed in the originally filled form, except that the income tax department has not considered my claim of relief u/s 90.
Please suggest at the earliest.
CAclubindia
