Corrections u/s 154
priyatambika ( ca final student) (323 Points)
27 December 2020priyatambika ( ca final student) (323 Points)
27 December 2020
ayusmita
(Tax consultant)
(5885 Points)
Replied 27 December 2020
If in notice it asked you then otherwise not
actually in
154 notice you have either accept the notice or disagree with notice if did not agreed then have to give reason why you disagree and summit
and after submission a refference number will generate and sent for processing to cpc Bangalore
priyatambika
( ca final student)
(323 Points)
Replied 27 December 2020
priyatambika
( ca final student)
(323 Points)
Replied 28 December 2020
ayusmita
(Tax consultant)
(5885 Points)
Replied 28 December 2020
When you're income tax return proceed income tax department send you a intimation letter in the form of 143(1) showing the calculation of your and as per there's if no mismatch between two no demand arises if mismatched then they arise a demand
Again if you agree with the demand then pay
If you disagree with them then gives reason and summit then signed and send that to cpc