I have received a mail from CPC regardind adjustment in my income u/s 143(1)a.
I paid Rs 3,23,230 for purchase of underconstruction property and deducted tds of Rs 3233. This is appearing in 26AS form.also.
They have now added 323230 to my other income which was 157575 as per26AS . I filed ITR 1 as Idonot have any income from capital gains. So far nothing is appearing in E-proceeding section.
What is remedy and how to respond
Same will Appear over their in a few days. Communication by Mail and communication on E-filing portal generally takes a few days.
with response to that mail, you may select "disagree to add" option, you will get 3 to 4 options , give suitable reply and also provide/attach proofs also.
I am not disputing 26AS.what documents should I give them.They are adding The amt paid by me for a underconstruction property to my income from other sources.
I have the same case. Payment made by me for under construction property is showing as my income.
How to respond it.
Its not my income. I have made payment to builder and deducted 1% tds.
There is no field to show such transaction.
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