Hi
My wife is running a Proprietorship concern. She filed her I.T. Return for AY2016-17 through her CA after proper Audit and a Refund was claimed as per the Audited Taxable Income and Tax paid.
Later she received Intimation u/s 143(a)(1) regarding mismatch.
As per e-proceeding porta, it was mentioned that the entries in 26AS are not added while calculating Net Income from Business.
We properly replied to the Notice twice but E-Proceeding did not accepted it and added the figures of 26AS into Net Income and raised an Intimation u/s 154.
Though the entries mentioned in 26AS statement were already taken into consdideration as all entries are related to business invoices and payments but department is not accepting it.
Can any one guide me what remedies are available to my wife to get it rectified and obtain the rightful REFUND.
Kind Regards
Rakesh
CAclubindia
