Demand notice u/s 143 (1a)

Notification 2083 views 10 replies

anshul

68 Points Joined July 2012

Recently I registered on incometaxindiaefiling.gov.in website. And to my suprise I found that there is a Outstanding Demand Amount of Rs. 35000 for AY 2010-2011 U/S 143(1a). The date of demand is 22/11/2011. The reurn was filed on 27/07/2010 and the acknowledgement receipt from IT depptt was dated 10/08/2010. Can someone suggest if the demand notice is valid as it is dated 22/Nov/2011. What should be my action point if it is valid? What should be my action point if it is invalid? P.S. I also checked the TDS entries in form 26AS with the ones in my IT return and all are matching. There is no discrepancy. I also cross checked my income with various tax calculators and I am certain that the tax paid by me is correct. Any help on this would be deeply appreciated.

Thanks in Advance

Replies (10)

Jeetendra Goyal

Student CA Final

175 Points Joined November 2013

demand notice is valid...... time limit for completion of regular assessment id 2 yrs from the end of relevant assessment year

anshul

68 Points Joined July 2012

Originally posted by : Jeetendra Goyal
	demand notice is valid...... time limit for completion of regular assessment id 2 yrs from the end of relevant assessment year

Thanks for the quick reply.

Would you be able to guide me, as to what should be my next step. The demand notice is already more than 2 year old. Ihave not responded to this demand notice as I believe I have paid the correct taxes. I have requested an intimation 2 months back on the income tax website for the relevant year , but am yet to receieve anything i n this regard.

Jeetendra Goyal

Student CA Final

175 Points Joined November 2013

u r saying that tax paid by me is correct.... then check demand of rs 35000 is on accout of what????

if you think there is mistake from deptt end then u can file application for rectification of error... this is my point of view.. i m not 100% sure

tarun bhatia cfa

Compliance officer

21 Points Joined October 2011

i received intimation u/s 143(1) for the return filled for FY 2013-14 filled on 24/07/2014, i have come to know that an amount of Rs 850/- is outstanding for tax demand. after paying this outstanding demand what should be my course of action, should i revise return or sending proof of payments to department? Pls suggest

anshul

68 Points Joined July 2012

Today I received a demand notice. But I believe it is incorrect. CPC Has computed it incorrectly.

STCG seems to have been added twice by CPC.

What should I do? Help is appreciated.

anshul

68 Points Joined July 2012

I have attached the complete intimation by CPC.

Appreciate any help how to resolve the issue of incorrect demand by CPC.

S. Shiroor

Others

1212 Points Joined July 2015

Go to efiling and rectify - select the third option - " Reprocess the case"

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

Double Check you capital gain records, as the department collects information through AIR filed by the depository or trading plateform,

anshul

68 Points Joined July 2012

No I dont think thats the case. Because from the calculation i hve mentioned the STCG as 25112 but CPC has computed it as 50224

anshul

68 Points Joined July 2012

I did go to efiling and rectify - select the third option - " Reprocess the case"

But again the same outcome.

Can someone please help me identify what is wrong with CPC. Its such a simple calculation according to me. Their calculation of GROSS INCOME is grossly incorrect. Even a 5th standard boy can do the maths. The trouble is how to get it corrected. Filing a rectification request has also not helped.