Section 143(1)a ii recieved

Hiiii sir

i filed Return for AY 19-20, a long term capital gain from sale of land nd claimed deduction u/s 54f cause i purchased another land nd constructed residential house on that, i received this notice with 30 day time period for reply which is lapsed nd now i can see in income tax portal there is showing that add authorised representative, i want to know what is this error??, whether i can file revise return for the same nd this notice proceedings will get complete.

the notice says
1) SCHEDULE SI
the amt entered in schedule sIare inconsistent with the corresponding amt entered in Sch CG/OS
2) SCHEDULE CG
there is inconsistency in the LTCG amts/ totals entered in schedule cg or taxpayer is claiming deduction u/s 54 which are more than amts allowable as per the respective sections.
plz suggest.
Replies (2)
Quick Summary
A taxpayer received a Section 143(1)(a)(ii) notice for AY 19-20 concerning long-term capital gains from land sale and a Section 54F deduction. The notice highlights inconsistencies between Schedule SI and Schedule CG/OS, and potential overclaimed deductions. The deadline for response has passed, and the portal shows an option to 'add authorised representative'. The user seeks clarification on the error and the possibility of filing a revised return to resolve the notice proceedings.

U need to go to some CA and get proper calculation of CG
Sir , first you need to see auditor for this he will analyse the error on it and file revise return if required , due date extended for filing it till 30 June

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