28 February 2020
One of My Clients Received Tax Demand Notice under 143(1)A. for A.Y : 2013-14 = Rs..17090 and A.Y : 2014-15 = Rs.82480.
But he has a Refundable TDS of Rs. 72310. in the A.Y of 2019-20. Can he Adjust the Tax Demand against the Current TDS?. If yes How can I file this Return.Please Guide Me.
29 February 2020
But general process should be pay demand if you agree else submit disagree response..
There will be 10000/- late fee u/s 234F to file AY-2019-20 if you have not filed ITR yet.
So the refund is not sufficient for automatic adjustment..
But the right way for demand is - you must file agree or disagree response..
Automatic adjustment is a red mark for your profile since you have not paid tax ,they adjusted..
It's a kind of violation too..
26 May 2020
You can file the ITR return directly on https://www.incometaxindiaefiling.gov.in/ for F.Y. 2019-20 or you may use other sites like https://myitreturn.com/ which are much user friendly.
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