Gudipati Roja (Audit manager) (131 Points)
21 January 2021Hi All,
Loss on sale of building has been disallowed in computing tax of a company and also reported in tax audit report under Sl.no 1 of clause 21(a) i.e., Capital expenditure. However A.O. raised demand by again adding such amount.
I think i have not shown disallowance under proper column in ITR. Can anyone please suggest in which column of Schedule BP i have to show such disallowance.
Gudipati Roja
(Audit manager)
(131 Points)
Replied 22 January 2021
Yes sir i will rectify return but my doubt is in which column of Schedule BP i have to show such disallowance.
CAclubindia
