Notice under section143(1)
Durgaprasad vemparala
(Querist) 21 April 2016
This query is : Resolved
Sir,
My name is V.Durga prasad, Personnel officer in A.P.E.P.D.C.L. I file income tax returns regularly. In 2014 I received arrears amount about 2 lakhs, for which I claimed apportion of income under section 89 in the income tax return filed for the assessment year 2015-16. I submitted Form 10(E) also as per the act provisions. However, I received an intimation u/s1143(1)of Income tax act stating that I have to pay the following:
Balance tax : Rs.25953(which I claimed
under Sec.89)
Add; Interest:Rs. 3667
I could not understand the reason for not allowing the exemption under sec 89.
Please guide me for further action
P. Venu
(Expert) 22 April 2016
It is better that the query is taken up with the CAclubofindia.
