Non filling of ITR but taxes paid
This query is : Resolved
04 September 2020
Sir, received a non filler of ITR for ay 2013-14 while TDS was deducted by company as well as on FD also. It shows compliance US 194a; 192b; 194
Actually ITR was missed for said ay and provide all documents to a consultant whom has filled ITR( Rs 9,71,890) in October 2015 (manually above 5 lac). Moreover NO stamp & date printed on original copy of ITR. He has deposited self assessment challan also even it was not required to pay.
Now, what to do, please advise.
regrads
Actually ITR was missed for said ay and provide all documents to a consultant whom has filled ITR( Rs 9,71,890) in October 2015 (manually above 5 lac). Moreover NO stamp & date printed on original copy of ITR. He has deposited self assessment challan also even it was not required to pay.
Now, what to do, please advise.
regrads
04 September 2020
Reply to the notice ITR( Rs 9,71,890) manually filed in October 2015 and
deposited self assessment challan also.
Read
deposited self assessment challan also.
Read
04 September 2020
sir, but ITR manually deposited on counter without STAMP & DATE on it. Or we can say not deposited. Now, how should we reply? Just uploading manually ITR copy or accept as non filler?
04 September 2020
Say manually filed and taxes paid. No further action will be taken as tax due was paid.
04 September 2020
thank you very much sir
I have one major query if you permit ask under on same head query or provide your e-mail or any link
I have one major query if you permit ask under on same head query or provide your e-mail or any link
04 September 2020
Yes ask for it here.
04 September 2020
thanks! Sir
My query is One of my client since last 6 years filled ITR under section 44AE and 44AD being 5 trucks and Small karyana shop.
But , problem occurs in this year as below :-
28 tonnes * 2 trucks *12 = 6,72,000
28 tonnes * 1 trucks *3 = 84000
16 tonnes * 2 trucks *12 = 3,84,000
44AD Rs. 8,30,400/72000
Rent received after all deduction Rs 1,20,000
Agriculture Income Rs. 30,000
Saving Interest Rs. 8,973
Income exemption US 10(10d) Rs. 8,30,975
Deduction US 80C Rs. 1.50 lac
Net Tax Liability Rs. 1.82 lac
Now, client is not ready to pay such huge tax which increased due to 44AE amendment.
If go for audit we have only bank statement which shows freight Rs. 74 lac approxmiately. No other document like invoice copy for tyres, vechile passing & insurance paid receipts, no karyana shop purchase and sale invoice etc.
Please suggest and conclude what to do.
My query is One of my client since last 6 years filled ITR under section 44AE and 44AD being 5 trucks and Small karyana shop.
But , problem occurs in this year as below :-
28 tonnes * 2 trucks *12 = 6,72,000
28 tonnes * 1 trucks *3 = 84000
16 tonnes * 2 trucks *12 = 3,84,000
44AD Rs. 8,30,400/72000
Rent received after all deduction Rs 1,20,000
Agriculture Income Rs. 30,000
Saving Interest Rs. 8,973
Income exemption US 10(10d) Rs. 8,30,975
Deduction US 80C Rs. 1.50 lac
Net Tax Liability Rs. 1.82 lac
Now, client is not ready to pay such huge tax which increased due to 44AE amendment.
If go for audit we have only bank statement which shows freight Rs. 74 lac approxmiately. No other document like invoice copy for tyres, vechile passing & insurance paid receipts, no karyana shop purchase and sale invoice etc.
Please suggest and conclude what to do.
04 September 2020
74 lacs freight receipt advice him to pay such a low tax. If not paid huge tax demand will be raised in view of higher freight receipt.
04 September 2020
sir, can't conclude please elaborate
I'll be greatful to you.
regards
I'll be greatful to you.
regards
04 September 2020
Ask him to pay additional tax demand of 1.82 lac if not paid tax payable on 75 lacs freight receipt.
05 September 2020
thank you very much for kind attention SIR
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