31 January 2011
I have Fiiled My Return for AY 09-10 By E-filling. In which I Have Shown My Business Income99704,Other Income 115582 Deduction(u/s 80C) 70475 Capital Loss (in share) 187954 Agriculture Income 48000 But Instead Of This Amt. Tax deptt Considered Business Income197166 And No declaration Given And Issued Tax Liabilty Of9504 And Intt. Of2632 So That Total TAx Liability Of12136 Have demanded For Deposit. And Passed The Order On 16-07-2010. Suggest What I have To do. from Where I can Find The Increment Of That Income Considered By The Deptt. and how it can be rectify?
Guest
Guest
(Expert)
09 February 2011
It is going on in a lot of returns. Pl. check your return, there may be some entries which are being wrongly considered by the CPC system. If you feel any such mistake, you can revise your return. Otherwise, you should file rectification application 154 with CPC.