Demand notice u/s 143 (1a)

demand notice is valid...... time limit for completion of regular assessment id 2 yrs from the end of relevant assessment year

Originally posted by : Jeetendra Goyal
	demand notice is valid...... time limit for completion of regular assessment id 2 yrs from the end of relevant assessment year

Thanks for the quick reply. 

Would you be able to guide me, as to what should be my next step. The demand notice is already more than 2 year old. Ihave not responded to this demand notice as I believe I have paid the correct taxes. I have requested an intimation 2 months back on the income tax website for the relevant year , but am yet to receieve anything i n this regard.

u r saying that tax paid by me is correct.... then check demand of rs 35000 is on accout of what????

if you think there is mistake from deptt end  then u can file application for rectification of error...  this is my point of view.. i m not 100% sure

i received intimation u/s 143(1) for the return filled for FY 2013-14 filled on 24/07/2014, i have come to know that an amount of Rs 850/- is outstanding for tax demand. after paying this outstanding demand what should be my course of action, should i revise return or sending proof of payments to department? Pls suggest 

Today I received a demand notice. But I believe it is incorrect. CPC Has computed it incorrectly.

STCG seems to have been added twice by CPC.

What should I do? Help is appreciated.

I have attached the complete intimation by CPC.

Appreciate any help how to resolve the issue of incorrect demand by CPC.

Go to efiling and rectify - select the third option - " Reprocess the case"

Double Check you capital gain records, as the department collects  information through AIR filed by the depository or trading plateform, 

No I dont think thats the case. Because from the calculation i hve mentioned the STCG as 25112 but CPC has computed it as 50224

Hi

I did go to efiling and rectify - select the third option - " Reprocess the case"

But again the same outcome.

Can someone please help me identify what is wrong with CPC. Its such a simple calculation according to me. Their calculation of GROSS INCOME is grossly incorrect. Even a 5th standard boy can do the maths. The trouble is how to get it corrected. Filing a rectification request has also not helped.