" DEMAND NOTICE BY CPC BANGALORE U/S 143(1) "
Respected Members,, PLEASE HELP ME & I DON'T KNOW WHAT SHOULD I DO .
1 )U/s 245 Whole refund amount ( for a.y 2013-2014 ) determined during processing is being adjusted against an outstanding demand of Rs 10,610/= ( demand pertains to a.y 2010--2011 ).
2) Demand uploaded by ITO.
3) No mismatch of TDS between 26AS & as per return FOR A.Y 2010-2011.
4) ITO already issued assessment order for a.y 2010-2011.
5) No question of Revised Return & Rectification u/s 154.
6) In that order , there was no mention that why demand was raised ??
7) And finally as the demand amount was more than the refund determined during the a.y 2013-2014, then there is a PROBABILITY that excess demand may be adjusted against subsequent assessment years also .
Then, What should i do ???
Need a fast response.
Thanks.
CAclubindia
