Assessment u/s 148

9897033358 (Querist) 01 December 2015 This query is : Resolved
I have filed original return u/s 44AD after due date declaring total receipts Rs.2200000 as appearing on 26 AS but the AO issued notice u/s 142(1) for filing the correct & true income on that total receipt as per 26As 3000000 I filed correct income on 30 lacs gross receipts there is difference of 8 lacs my query is this that 8 lacs will be added with the returned income or 8% income on the 8 Lacs

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Advocate Kappil Cchandna (Expert) 01 December 2015
Sir,

Call CA Karan at 9871563826 and discuss your issue.

Warm Regards
Kapil Chandna Advocate
9899011450

Rajendra K Goyal (Expert) 02 December 2015
Discuss with your tac consultant / raise query with CA club of India.

ADV-JEEVAN PATIL, MUMBAI (Expert) 03 December 2015
Better send reply if your income as per 26AS does not exceeds Financial Year after consultation with tax expert

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