Hi All,
My friend recently received a mail from IT department on 07-06-2013 regarding his 143(1) which states that there is a mismatch in his previous year (A.Y 2012 - 2013) IT filed between 1.computed under section 143(1) and 2.provided by Taxpayer in return of income. Please let me know the answers for the below questions. 1.I found out that there was a error while filing previous year (A.Y 2012 - 2013) IT through online, amount entered in online is greater than actual amount so there is no need to pay extra amount as mentioned in the notice. Do we need to rectify this only by online application? 2.What is the procedure for online rectification? 3.From google I came to know that, these rectification needs to be done within 30 days of the notice. He havnt responded to the notice until today which is more than 30 days from the day of notification.Please suggest what we need to do? Will there be any penality towards it?
CAclubindia
