Will 234d interest will be waived off while calculating amount payable under vsvs 2000?

I am secretary of credit co-operative society. The society eligible for the deduction under 80P(2)(a)(i) .Net profit of the society is Rs 50,00,000/- for the Financial year 2019-20. After giving effect of disallowance of Rs 6,00,000/- under section 40A(3) and another disallowance of Rs 4,00,000/- under section 40a(ia),the gross total income comes to 60,00,000/-.
What will be my eligible deduction under section 80P(2)(a)(i) of the income tax act?
Whether it is of Rs 50,00,000/- or 60,00,000/-? is it liable to pay taxes on disallowances?

One assessee has submitted an appeal before the Commissioner of Income Tax (Appeals) against the order u/s 144 of the IT Act. After submission of the appeal, the assessee was waiting for the date of hearing. Meanwhile, the Income Tax Officer issued a notice under section 154 of the Income Tax Act and increase the demand previously created under the head interest. There was no compliance of notice under section 154 of the IT Act issued by the Income Tax Officer. Now the question is German in respect of the amount of total demand which has to be filed in the prescribed form of Vivad Se Vishwas No 1. Whether the interest increased by virtue of rectification, subsequently after furnishing of appeal can be the subject matter of the Vivad Se Vishwas. There shall be a mismatch in demand reflected in the appeal and actual demand because in the appeal the amount of tax and interest has to be mentioned. Whereas the present demand is more than the original because the demand has been increased by way of the order passed under section 154 of the IT Act.
The part of increased interest is related to 115 BBE and even in the ground of appeal, this ground has been taken.
Hope you will let me know your esteem opinion.
With regards
Sumitra Maru

If case was pending as on 31.01.2020 ,case was argued and head before itat on 06th feb and decided against .whether we can apply under vivad e vishwash scheme

1. The petitioner had filed a revision application u/s 264 of the act before CIT against penalty order u/s 271(1)(c) of the Act.
2. The date of order was 29.04.2013 .
3. There was a delay in filing the petition.
4. The petition was filed along with an application for condonation in delay.
5. The said petition was pending on the date of announcement of VSV Scheme.
6. The petitioner filed a declaration under VSVS but the same was rejected by Pr.CIT on the ground that the petition filed u/s 264 of the Act was not in time

A request to kindly suggest a solution available to the assessee.

I have filed form-1, as per which , i’m suppose to get the refund (as i have already paid the demand amount & later on opted for Vivad se Vishwaas Scheme). What is the procedure to get the refund amount. What details i have to fill in form-4 to get such refund.

While passing order u/s 143(3) the AO was not TDS credit.I have filed rectification request for the same.but no revised order has been received yet.Can file declaration after deducting TDS

While passing order u/s 143(3) the AO was not TDS credit.I have filed rectification request for the same.but no revised order has been received yet.Can file declaration after deducting TDS

I filed itr for asst year 2008 09 of i incone of Rs 226614.assd u/s (143)

Income assd by different ito u/s 144/147 on Rs 1250000.00 in respect of bogus purchases of rs 1250000.00 no mention of income of rs 226614.00 However final income assesed by ito on rs 1250000.00 after filling revision u/s 264 who remanded case to ito who again assd on rs 1250000.00 u/s 154 as directed by cit
Assesse filed appeal to cit (A) against order u/s 154 .cit (A) rejected appeal against which appeal filed before ITAT which is pending

Question. What income should be shown in application form
Vad se vishwas scheme

Rs 1250000.00as assesd
How to corelate original income of Rs 226614.00 as this has no mention in asst order or any order as reffered above
In IT 30 ito has also deducted the tax assd u/s 143(1)

A k jain 9810033737
Regards

Refund issued under section 143(1). While making 143(3) interest allowed under section 244A was withdrawn and 234D was charged on refund enjoyed by assessee. Whether interest u/s 244A and 234D will be charged by Assessing Officer while giving effect of Form 5 or these interests shall be waived.
Tax u/s 143(1) 100000
tds 120000
REFUND 20000
INTEREST 244A 2000

TAX U/S 143(3) 140000
234ABC 5000
244A(3) 2000
234D 500

Amount payable under VSV will be 40000 (140000 – 100000) or it would be 42500 (40000+2000+500)