30 January 2018
Dear Sir, one of my client received notice 143(1) for tax audit case AY 2017-18., Here in ITR 3 form, i had entered the unabsorbed brought forward depreciation of Rs.319357(AY:16-17 filed on 23-09-2016 as per sec139(1)) can be claimed. But notice 143(1) had not taken into claim of this loss AY 2017-18.
06 July 2024
To rectify unabsorbed brought forward depreciation not being considered in the notice for AY 2017-18 under section 143(1), review the notice details, verify ITR 3 filed, gather supporting documents, prepare a response, submit a rectification request, include necessary details, and follow-up. Address any specific queries or discrepancies in your response and seek assistance from a tax professional or consultant.