Short Deduction Notice

That is a great news to hear.

But we are still seeing the default summary in traces website. Should we intimate any one to remove that or should we do any action from our side

Guys I still see the default summary in traces website.

How do it get removed. Do you have any idea

Guys I still see the default summary in traces website.

How do it get removed. Do you have any idea

If you check the circular, this waiver is conditional. Condition is that the buyer should link to Aadhar by May 31. So, we have to send a representation with the proof that buyer has linked the PAN and request for cancelling the demand. It will NOT cancel automatically. 

Seller pan is linked to aadhar and operative. How should we intimate the it department. Do we have a communication channel to reach out to them

Till Now, government has not issued any SOP regarding how to cancel demand, or how to apply for drop of demand. So, as of now the demand is continue to show in default summary section in Traces Website. Any one having latest update on this kindly share.

Today, I received a mail from IT Department. Mail is as follows:

"Regular Statement for Acknowledgement Number AK0xxxxx filed by you through E-filing has been reprocessed by Income Tax Department (ITD) u/s 154 r.w.s 200A and no defaults have been identified for this statement. The statement has been reprocessed as a new payment via subsequent payment challan or demand payment challan as received after previous processing."

I believe this means that the demand is cancelled. Can someone confirm?

Hi Anil,

I didn’t receive any email but the demands have disappeared from mine and my wife’s traces. Not sure why they didn’t send an email.

Today, we received another notice from the Income Tax Department regarding a short deduction. However, as per their earlier communication, the identified default was already resolved, and the challan number mentioned in both emails remains the same.

Today, we received another notice from the Income Tax Department regarding a short deduction. However, as per their earlier communication, the identified default was already resolved, and the challan number mentioned in both emails remains the same.

Today, we received another notice from the Income Tax Department regarding a short deduction. However, as per their earlier communication, the identified default was already resolved, and the challan number mentioned in both emails remains the same.

Yes Received, email demanding amount which was already resolved by government.

CA Mayur Thakkar had the seller linked pan with Aadhar by 31st May 2024? Did you receive previously email stating the demand was squashed ?

why would Income Tax send short demand notice for issue resolved ? 

Hello Mr. Shodan D'Souza

Adhar Of seller already linked before 31.05.2024, and demand already squashed by government. I had checked that on traces portal. Government had already squashed the demand in June 2024 suo moto. Then today they are again sending notice and notice date is also the same as previously issued notice date before 1 year. So any resolution for this? or what we shoud do in such case? Kindly guide.