I have got an email from income tax with subject: IntimationU/S 154 for AY:2019-20
And in the attached ITR-II rectified form, the below is mentioned:
Reasons for Rectification
Credit as per Form 26AS for self assessment tax paid by you and not claimed in Schedule IT/Tax payments till now is allowed in this order
and outstanding tax payable has consequently reduced.
Can anybody please tell what am I suppose to do? I checked the 26as, & only Rs. 6 shows in Total Tax deposited column.
Thank you.
Edit : I also noticed that the rectified PDF sent has 2 computation coloumns:
1)As Provided by Taxpayer in Return of
Income - in this Total tax paid is showing zero & so Amount payable is showing the aggerate liability figure.
2)As Computed Under
Section 154 - in this Total tax paid is showing the actual amount of tax already paid by me online. So Amount payable is showing zero.
Is it be because I did not put the total tax that I've already paid in my return? So do I need to fill it?
CAclubindia
