13 May 2018
Dear All There was a minor amount Rs. 20000 as loss from house property. In ITR 2, this loss was not shown separately but salary income( in salary schedule) was reduced to that extent. There was not tax evasion , tax had already been deducted by the employer in March.
Now notice under section 143 a for mismatch of salary income in return and 26AS.
If I correct it by revising return, will I get further notice for explanation. What is other way out. Please guide and help. Regards Puran
14 May 2018
House property loss not shown in house property schedule so revision of return is required otherwise house property loss will be disallowed.
01 June 2018
Dear Sir Can we revise the return under section 139(5) in response to an intimation of mismatch of salary in 26AS and original ITR in section 143(1)(a)(iv). and has it anything do with section 119(2)(b) 92CD while revising return.
CAclubindia
