Income mismatch as per 26as & pnl
This query is : Resolved
16 April 2019
Dear sir
There is difference in gross total income as per 26AS & PNL. Gross Receipts as per 26AS are higher than gross receipts as per PNL. This difference is due to service tax. Our one client has deducted tds on service tax portion, Now We have received notice u/s 139(9) mentioning that we have offered less income for taxation. Now What Should we do? Whether we should disagree with it or accept defect and pay tax to avoid litigation ??? Which way is better
There is difference in gross total income as per 26AS & PNL. Gross Receipts as per 26AS are higher than gross receipts as per PNL. This difference is due to service tax. Our one client has deducted tds on service tax portion, Now We have received notice u/s 139(9) mentioning that we have offered less income for taxation. Now What Should we do? Whether we should disagree with it or accept defect and pay tax to avoid litigation ??? Which way is better
16 April 2019
Disagree against 139(9) notice and mention in the reasons that the difference amounts to Service tax portion on which the deductor has wrongly deducted tax.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- GST ON EXPORT COMMISSION
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
