We received a demand notice Rs 12000.
we file the original return on 27-06-2016
in that we file refund return of Rs 13000 (TDs deducted amount) , same amount refund to my account.
later we revised the same and file tax payable return of Rs 1000. which paid in self assessment tax . we don't import TDs because that amount we already refunded.
Now in 143(1) notice they says your refund is zero in revised return but in previous order you received Rs 13000 as refund . so your tax liability on demand notice (13000-1000) 12000.
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DEMAND NOTICE U/S143(1) for ay 2016-7
Replies (4)
Check the calculation properly, TDS reflected in Form 26AS etc. The result should be same, it cannot very for same data.
So either data mismatch or miscalculation....
When you revise the return you must take all TDS again irrespective of refund received earlier.
Rectify the revised return taking full TDS as well as self assesment tax paid.
@ shirish s s
If I import TDS again Refund will be 12000. (How they gave it to me. I already taken that in original return)
What do you mean import again. Refund X minus amount already paid as refund. This will come in 143(1) .full TDS should be taken again. Amount already paid to you will be deducted.
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