Intimation received u/s 143 1 from cpc bangaluru

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 i recieved intimation u/s 143 1 from CPC Bangaluru and they have not considered depreciation while computing business income,so that bussiness income has increase at that amount. As itr4 filled by me is correct,please guide me what i do??

Replies (7)

File Rectification U/s 154 Online.

Download XML file from site and check it 

 

 

File rectification U/s 154 for no further data correction ....reprocessing ITR

File rectification u/s 154 online.

 

https://www.indiantaxupdates.com/2013/03/08/how-to-file-income-tax-rectification-online/

You can file reactification but make sure that the Schedule DPM, DOA and DEP i.e schedules of Depreciation are completely filled because i too got this demand years back and later on i discovered that by mistake i left those schedules blank.... 

Hanish Chaudhary

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Hanish Chaudhary

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Hanish Chaudhary

Read more at: /forum/details.asp?mod_id=243356#.UUhhSDe86Ts
Hanish Chaudhary

Read more at: /forum/details.asp?mod_id=243356#.UUhhSDe86Ts
Hanish Chaudhary

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Hanish Chaudhary

Read more at: /forum/details.asp?mod_id=243356#.UUhhSDe86Ts

Mr Hanish,

i check more than 2 times the schedule of depreciation claimed, and  i found nothing in it.

anyways i filed for ractification, lets see what happen..thanx

Abhisek Goel

schedules of Depreciation are completely filled

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What if i Forgot to claim TDS while filing PVT Ltd Company Return - Is ratification of return will result into scrutiny? pls help

 

if DPM DOA are not entered but depreciation is claimed in P&L & B/S will rise to increase in tax in ITR utility and accordingly due to negligence ITR was filed & a demand notice equalling to tax amount on the dep was served to the assessee. moreover, return waas filed on the last date of A/y (belated return) So return cannot be revised or rectified either because dep has given rise to change in GTI Now what is the possible solution?? Moreover, Depreciation is mandatory to claim, i think deptt cannot merely disallow it by non filing of DPM DOA

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