Hi,
I have done a mistake while filing the ITR for the AY 2008-09.
I have PF+Insurance+FD(>5 yrs tax saving) amounting more than Rs 1,00,000 for the FY 2007-08
But while filing ITR agent has entered "Deductions under chapter VIA as Rs 46676. So the ITR looks like
Gross Total Income : 289855
Deductions under chapter VIA : 46676
Total Income after deduction : 189855 ( he has deducted one lakh but entered 46676)
It is a typing mistake and Now IT people has found this and I have received notice ( 143(1) ) asking to pay tax+interest of Rs 24563
Actually as per the ITR we have submitted for the refund. Also in the notice they have not considered the TDS
Please advice me as how can I solve this?. Can I submit a new ITR after the assessment is over..
Thanks in advance..
Jimmy
CAclubindia
