banner_ad

Intimation for Ay 20- 21 and wrongly calculated business income

Others 259 views 2 replies
Computron of business income wrongly calculated in the intimation - 1) Share loss from partnership firm is adjusted in business income , it is not shown in profit and loss account , but shown in capital account . 2) Gst and TDS shown payable in balance sheet also added in business income , but assessee paid before filing of Return u/s 139(1) and also written by auditor in Audit Report . Please advise in this regard .
Replies (2)

Check the ITR filed properly, for the wrong posting if any.

If it is departmental mistake, file rectification request u/s. 164 of IT act.

Read sec. 154 of IT act, instead of 164.....


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details