14 June 2014
i have recd an intimation u/s 143(1) with demand and the demand is ok. and accordingly i have paid the tax with interest and the same shown in the form 26as. now can i file rectification by adding challan. the income tax department still shown demand of the same amount eventhough the same is paying by me. pls reply as soon as possibel.
14 June 2014
its better once u talk to ur jurisdictional ao regarding this as he may first update it on site and if he doesnt in reasonable time then file rectification petition.
14 June 2014
THANK U MR RINKAL. 1.CAN I HAVE REVISED THE RETURN IF IN ORIGINAL BELATED RETURN FILLED. 2.IN INTIMATION MY DEDUCTION U/S 80TTA IS DISALLOWED BECAUSE OF MY TOTAL INCOME UNDER INCOME FROM OTHER SOURCES IS LESS THAN SAVING INTEREST. SAVING INTEREST-4098 OTEHR INTEREST-4200 INTEREST PAID-3419 OTHER EXPENSES-3113 HENCE NET IOS IS 1766. MY SOFTWARE SHOWN DEDUCTION U/S 80TTA IS 4098. IT DEPARTMENT ALLOW INTEREST TO THE EXTENT NET IOS INCOME. NOW CAN IN REVISED RETURN WE CLAIM INTEREST ONLY 1766 AS DEDUCTION AND ADD THE CHALLAN. PLS REPLY AS SOON AS POSSIBLE
1. WHAT IF I HAVE FILLED ORIGINAL RETURN IN TIME LIMIT. 2. MY SOFTWARE SHOWN IOS 1766 AS INCOME IOS=4098+4200-3419-3113. AND THE SAME INTEREST SHOWN AS DEDUCTION IN SEC 80TTA I.E 4098 RS. THEN WHAT IS THE CORRECT AMOUNT OF THE DEDUCTION AND IOS INCOME. IN RECTIFICATION CAN I UPLOAD CHANGED ITR.
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