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Demand u/S 143(1) AY-2020-21
Filed return on 22/08/2020,in time. Demand came on 8 April 2021. Total income 13.431 Lakhs, & they agree. Tax Liability 185765 & they agree. Interest 1577/-&they agree. Prepaid tax 187400 & they agree. Yet they say tax payable 28500/-. Why so? I don't find any reason & the notice also does not indicate. Immovable property was sold. Purchaser deducted 1%.& they deposited 28000/-on July 31, 2020.Form 26 AS confirms this. I have no hesitation to, but, they must tell me what for it is? So that I may be careful in future. Can you throw some light on this issue please?
Replies (4)
Then disagree the tax demanded by department.
There are two columns
annexed with the notice.
one has agreed by the department and as calculated by the assesse.
compare that and then try to find the discrepancy.
annexed with the notice.
one has agreed by the department and as calculated by the assesse.
compare that and then try to find the discrepancy.
Agree with both
Have you carefully compared and checked both the columns in intimation u/s 143(1) of about 11 page.
If yew you will find the reason.
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