Dear team
one of my client have received a notice regarding like sufficient tax not paid for AY 2023-24
He is filed his return with a refund of 65000 and after filing the return he recieved another tds amount but it's can not claimed in that period so he is filed an updated return by with hike in income and pay tax utilising the excess tds credit for the purposes of loans
Now the demand of 1lakh arrived the sufficient tax not paid for the income in updated return
what's the solution for this ? Can I rectify the return ?
CAclubindia
