Re: Amount claimed in Form 3
I have filed form 1& 2 where the original tax demand was Rs. 1998827/-, however the Form 3 i received from the department, the income tax authority has raised the amount to RS. 2112576/- under DTVSV scheme, thereby claiming an additional amt of 113749 without any explanation
What shall I do??
Asssessee should make an application before the Designated Authority to rectify the mistake in calculating the tax in dispute by the concerned authority . It is the duty of the authority to rectify the mistake . If the concerned authority does not rectify the mistake , the Assessee may have to file Writ before the High Court .
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