12 December 2012
Dear Sir, Suppose net profit u/s 44AD is Rs. 240000/-in AY 2012-13 and assessee's 80C investment is Rs. 80000/-. Whether he can claim these Rs. 80000/- to get full exemption in AY 2012-13. Please advise me.
12 December 2012
Actually, I did the same, however cpc has considered his 80C only Rs. 123/- in intimation u/s 143(1). There are two columns side by side in intimation u/s 143(1). In my case, it is thus - deduction u/s 80 in return - Rs. 80000/-
12 December 2012
Same thing happen to one or my client,in this case Deduction u/s 80C, in both column shows same amount but in total deduction column, amount shows only 1322 which is same figure of Interest income. I thought there should be some clerical error.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
12 December 2012
yes, obsolutely same case and the same has been happened in 3 cases and cpc calculated tax also on 80C amount. Now please suggest me what is the remedy for the same.