Notice of adjustment(s) u/s 143(1)(a)

Income tax case

how to pay advence tax?

could you please send the copy of 143(1)(a) notice

Even few of my clients have received such notices on email on 20th March. The returns were filed in July and were due for refund but I am surpised that ITD has issued notices of income mismatch.

Thanks for your reply.

Here is the screenshot of the notice received:

Here is the screenshot of the ITR filed:

Here is screenshopt from the downloaded XML into the ITR-4 utility:

I can't seem to get my head around it. Please look at it and help if you understand something. Thanks.

What is the business of the assessee? Whether the TDS has been deducted under the correct section by the deductor?

I have also received similar adjustment notice few days back.I showed gross receipts exactly as per form 26AS still it shows mismatch after withholding my refund for 8 months

is the tax deduction in this case under 194J?

TDS has been deducted u/s 194D and 194J. The assessee is an agent of insurance companies.

Originally posted by : SSG
	TDS has been deducted u/s 194D and 194J. The assessee is an agent of insurance companies.

and you have offered income to tax under which section?

Yes. It is under 149J. But it has been the same for last 4 years and we never received this notice and ITR was processed and refund received. We tak contracts for media related services and hire professionals to do the job. We are not professional ourselves. So we cannot pay income tax under 44DA.

If we file under section 44DA, then we'll have to show profits as 50%. Our actual profits are around 15%. We have not maintained any books as we never faced such problem before. So what should be the course of action?

and what profession/business code have you selected in the tax return?

 

0607 - Other Profession

Assessee has been filling ITR-4s earlier years and ITR-4 for AY 2017-18 for his income from insurance companies, on presumptive basis. 

attn: Reena ji, since the TDS was deducted under 194J, you were supposed to file your ROI as per normal provisions or under 44ADA. since TDS was deducted under section 194J, you were supposed to fill 44ADA portions instead of 44AD. since you have shown gross receipts as 0 in 44ADA column, you have received this notice...

now only option is that file revised return on or before 31/03/2018 by either showing 50% of turnover as total income under 44ADA or opt for normal provisions of income tax act. you can't go for 44AD...