Doubt regarding itr rectification

In ITR-2 PR4 - in OS schedule

1 b(i) - Savings Bank Interest

  b(ii) - Term Deposit interest

  b(iii)- interest from refund from income tax dept

  b(iv) - Interest from others.

It is very clear in the form

Originally posted by : SHIRISH S S
	In ITR-2 PR4 - in OS schedule 1 b(i) - Savings Bank Interest   b(ii) - Term Deposit interest   b(iii)- interest from refund from income tax dept   b(iv) - Interest from others. It is very clear in the form

But im talking about FY 16-17 / AY 17-18 which is PR12 

Yes correct  - 17k in  1(b)  and  8k  in others - others

I thought of Ay 2018-19.

Originally posted by : SHIRISH S S
	Yes correct  - 17k in  1(b)  and  8k  in others - others I thought of Ay 2018-19.

Thanks!! Do you have any views on how should i proceed with the rectification request because i have done it correctly and dont know why the Income Tax Department has sent notice and not considering 80TTA deduction .   

Same issue is reported by Dinesh in his thread here : https://www.caclubindia.com/forum/calculation-of-tax-ay-2017-18-u-s-143-1-a--476703.asp

My original ITR return X M L seems to be correct and i dont know if i should upload the same X M L in the rectification request since there is no change.

You can rectify the same with reprocess again.  All assesment is done by a computer .Sometimes this happens. There is no human interference. 

For 17-18 they did not take  55k + 22k TDS and put interest u/s 234 . i rectified typing all the TDS again. Now assesment is over and I have got refund without 234  interest.  Again there is a problem regarding authentication of bank account. The bank account is joint - my wife's PAN no is also there and her refund    of 17-18 went to same acc no. The coumputer has detected that and send a communication asking for a cancelled cheque. These things happen. 

Machine learning and artificial intelligence process should improve next year.

Originally posted by : SHIRISH S S
	You can rectify the same with reprocess again.  All assesment is done by a computer .Sometimes this happens. There is no human interference.  For 17-18 they did not take  55k + 22k TDS and put interest u/s 234 . i rectified typing all the TDS again. Now assesment is over and I have got refund without 234  interest.  Again there is a problem regarding authentication of bank account. The bank account is joint - my wife's PAN no is also there and her refund    of 17-18 went to same acc no. The coumputer has detected that and send a communication asking for a cancelled cheque. These things happen.  Machine learning and artificial intelligence process should improve next year.

okay thanks!

so are you suggesting i use the option3 u/s 154 below :-  ?

  1. taxpayer is correcting data for Tax Credit Mismatch only.

2.The taxpayer is correcting data for rectification

3.No further Data Correction required. Reprocess the case

 

Yes  - 3rd option reprocess the case - if  no entries are to be changed.

Originally posted by : SHIRISH S S
	Yes  - 3rd option reprocess the case - if  no entries are to be changed.

Thanks !!

Hi Vaibhav,

i also receievd the similar notice just like you for 80TTA exemptions which were disallowed/ignored during ITR computation. I am also not sure whether to apply option-2 or 3 while filing for rectification. And even after rectification filing how we can be sure that such mismatch will not reppear again during reprocessing just to understand what different process CPC will apply now which they missed during first processing.