i have received intimation and in that intimation deduction u/s 54f is not considered as considered in my original return
i have shown let-out house property of new asset..
what can be the reason of non consideration pls advice..
Menu
Intimation u/s 54f
Replies (12)
Might be processing error.Revise or rectify ASAP
Whether to revise or rectify???
You have the option to revise till 31st March.
So try for revision
So try for revision
But revision is made if there is inaccurate , incorrect information disclosed by assessee I have correctly disclosed all things
TAN No is inaccurate only.Wrong TAN leads to wrong ITR.
At present go by revised ITR- with correct TAN no.
After 31st ,you will loose the option of revised return..
Rectification can be done in your case even after 31st march..
At present go by revised ITR- with correct TAN no.
After 31st ,you will loose the option of revised return..
Rectification can be done in your case even after 31st march..
But there is no case of wrong tan. in my return
I think by oversight posted reply to another query in forum..
You may ignore above...
When did you buy the letout property shown as deduction under section 54F??
You may ignore above...
When did you buy the letout property shown as deduction under section 54F??
Sept 2018
Was it within one before from the date of transfer??
Else it might be reason??
Another reason might be the deduction is applicable to long term capital gain only
Else it might be reason??
Another reason might be the deduction is applicable to long term capital gain only
New asset was purchased 5 days before transfer and the sold asset is also long term capital asset..
Check the ITR,ITR- Form ,IT computation & intimation ...
You may get some information to proceed further..
You may get some information to proceed further..
I have checked thoroughly but couldnt find the difference.. I have put for rectification let's see..
Recent Threads
Related Threads
CAclubindia
