Hello!
My friend have received an intimation from the IT Dept with following queries:
1. Charging interest u/s 234B and 234C since the tax liability was above Rs.10,000.
2.They have not considered the TDS deducted on the above income.
3.Since he is a salaried employee he was deducted TDS and so he did not pay advance tax.
My Query:
1.Should I file a revised/rectification to IT? (or)
2. Is it sufficient if I give reply online in the outstanding demand section?
Thanks in Advance!