DOING BUISINESS MINERAL WATER SALES, RECEIVED TDS U/S 194H AND 194J .
BUT CPC HAS NOT CONSIDERED TDS IT HAS RAISED A DEMAND. IT IS REFUND.
HAVE FILED REVISED RETURN STILL SAME REPLY .
WHAT TO DO, SHOULD I FILE REVISED RETURN OR SUBMIT RECTIFICATION REQUEST ??
3 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 March 2020
Demand might be due to 194H, CPC might have taken it under other sources..
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 March 2020
You can use ITR-4 but show the 194H under the income from other sources..
Commission being not a business income can use ITR-4.If you consider commission under business income then you just use the ITR-3..
But carefully observe the tax calculation.Find out the reason from 143(1).
If problem is only Tds mismatch then you may file rectification..
You can use revised return as well before 31st March
Commission being not a business income can use ITR-4.If you consider commission under business income then you just use the ITR-3..
But carefully observe the tax calculation.Find out the reason from 143(1).
If problem is only Tds mismatch then you may file rectification..
You can use revised return as well before 31st March
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