{"id":14503,"date":"2020-12-19T05:50:22","date_gmt":"2020-12-19T05:50:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vishwas\/form-3-received-with-different-calculation-by-department\/"},"modified":"2020-12-21T16:13:06","modified_gmt":"2020-12-21T16:13:06","slug":"form-3-received-with-different-calculation-by-department","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/form-3-received-with-different-calculation-by-department\/","title":{"rendered":"Form 3 received with different calculation by Department"},"content":{"rendered":"<p>Hello Sir<\/p>\n<p>Assessee received Form 3 for AY 2009-10 (assessees appeal pending before CIT(A)) without considering a judgment in his favour on similar issue in AY 2010-11 (Where Tribunal has reduced the disallowance from 12.5% to 5% of total allied bogus purchase).<\/p>\n<p>We had calculated 50% of total Disputed tax  &#8230;. but Department has calculated 100% of the disputed tax with the remark &#8220;the assessee has calculated the disputed tax under DTVSV scheme at Rs. 315340\/-. the disputed tax as per the ssytem is calculated at Rs . 634157\/-. the difference in the disputed tax is because the assessee has wrongly calculated disputed tax.<\/p>\n<p>What should be done?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello Sir Assessee received Form 3 for AY 2009-10 (assessees appeal pending before CIT(A)) without considering a judgment in his favour on similar issue in AY 2010-11 (Where Tribunal has reduced the disallowance from 12.5% to 5% of total allied bogus purchase). We had calculated 50% of total Disputed tax &#8230;. but Department has calculated 100% of the disputed tax with the remark &#8220;the assessee has calculated the disputed tax under DTVSV scheme at Rs. 315340\/-. the disputed tax as per the ssytem is calculated at Rs . 634157\/-. the difference in the disputed tax is because the assessee has wrongly calculated disputed tax. What should be done?<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/form-3-received-with-different-calculation-by-department\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[6],"class_list":["post-14503","vishwas","type-vishwas","status-publish","hentry","expertname-dr-k-shivaram-sr-advocate"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas\/14503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/vishwas"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=14503"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14503"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14503"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=14503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}