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
CAclubindia
