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How to understand a justification report

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Nag

62 Points Posted on 05 December 2013

Hi,

Query 1:

I have downloaded a Justification Report for 20092010-24Q-Q1. I could not understand what is the error in filing the quarterly returns. It has some short forms like following:

HDR

CSPRD

LPST

LPRWSUM

LPRW

PROVINT

Query Two:

At the time of submitting the 2009-2010 24Q Q1, there is a flag "B" (tax was more than 10% on the income shown) in colum nondeduction/higherduction. When I go through the deductors' manual it is mentioned that flag "B" is to be used only for 26Q not other types. Shall I remove the flag in my correction statement?

Query Three:

We had paid some amount for late submission of IT cheque into the bank (under section 400) for the Q4-2011-2012-24Q. How to add this challan in the correction statement and match with the existing records?

Please explain. Thank you.

Replies (1)

sivakumar

Asst Manager - F&A

155 Points Posted on 05 December 2013

Q2:

Just delete that transaction and then add same transaction without Flag selcetion in correction return.

You can add challan in correction return. you can't add corresponding transaction interst itself. Just add interst payment details in challan sheet and submit one covering letter to IT Thabal.