shobhit (aa) (339 Points)
28 May 2017FRIENDS,
I HAVE FILED MY ITR FOR AY 15-16, BUT AS I WAS CONFUSED IN WHAT IS AY AND WHAT IS PY, I PUT THE DETAILS OF FY 15-16 IN AY 15-16, IN FY 15-16 THERE WAS TDS OF RS. 10000 WHICH I WRONGLY PUT IN THE RETURN OF AY 15-16. BUT ACTUALLY THERE WAS NO TDS FOR AY 15-16 DUE TO THIS DEMAND HAS BEEN REFLECTED BY DEPARTMENT.
NOW WHAT CAN I DO. PLEASE HELP
shobhit
(aa)
(339 Points)
Replied 28 May 2017
SIR, I HAVE A FEAR IN MY MIND i,e ALL THE INCOME WILL BE CHANGED IN THE RECTIFICATION RETURN INCLUDING DEDUCTIONS UNDER VI.....IS SUCH A CHANGE IS ALLOWED??? WILL THEY TRANSFER MY CASE TO LOCAL IT OFFICE....IF I DO THAT
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 May 2017
thiruvayu
(FCA)
(155 Points)
Replied 28 May 2017
CA Revanth Bharathwaj M
(Freelance consultant in Direct Tax and Financial Reporting)
(373 Points)
Replied 29 May 2017
karthik
(masterminds)
(30 Points)
Replied 29 May 2017
thiruvayu
(FCA)
(155 Points)
Replied 29 May 2017
CA. K George Philip
(Partner)
(226 Points)
Replied 29 May 2017
I agree with Rashmi, Revanth & Karthik. In Rectification Request, you can replace all relevant Schedules that require change and upload fresh X M L. There can be divergent views which I honour. But at this juncture, the only possible remedy to minimize tax burden, RR opition can be attempted.
CA Revanth Bharathwaj M
(Freelance consultant in Direct Tax and Financial Reporting)
(373 Points)
Replied 29 May 2017
thiruvayu
(FCA)
(155 Points)
Replied 29 May 2017
CA Revanth Bharathwaj M
(Freelance consultant in Direct Tax and Financial Reporting)
(373 Points)
Replied 29 May 2017
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
CAclubindia
