I have got a intimation from IT dept regarding some demand for the AY 2008-2009. I had some capital gains that time for which I did pay Self Assesment tax.
The problem is the site from which I filed return added Capital Gains to the Gross Total Income. Hence the ITR-V and Form 16 shows different gross total. Since the site added capital gains into gross total income, the IT dept thinks my tax liability is more and not which I paid originally.
Since I paid tax on my orginal gross income and capital gains (as self assesment tax), I think this demand is totally unreasonable. What should I do? I have already send them reply for rectification, what are the necessary steps now?
Thanks,
Devayani
CAclubindia
