As per the GCCI, a technical glitch in the Income Tax filing portal has led to the income tax department sending notices to taxpayers concerning discrepancies in their returns. This has resulted in unwanted inconvenience to taxpayers.
Chartered accountants engaged with the Goa Chamber of Commerce and Industry have found some cases where partnership firms, trusts, and limited liability partnerships are receiving notices indicating errors and incorrect claims in their tax returns and basic IT returns.
GCCI President Shrinivas Dempo mentioned that this issue appears to be related to a technical glitch in the processing of tax returns, as taxpayers who haven’t actually claimed a deduction under Section 80P are receiving notices. This situation is forcing taxpayers to respond to these proposed disallowances and expend efforts that are not needed.
Companies that submitted their tax returns for the fiscal year 2022-23 through the online portal have received a communication from the Income Tax Department proposing adjustments. The notice states that an irrelevant deduction, applicable only to the income of cooperative societies, has been claimed.
The GCCI (Goa Chamber of Commerce and Industry) president has requested the income tax department to provide clarification and address this technical glitch as soon as possible to ensure the accurate processing of income tax returns.
Additionally, he has requested the recall of the erroneous communications already issued to ease taxpayers’ problems. These requests were also sent to the chief commissioner of income tax in Goa, the commissioner of income tax at the centralized processing centre in Bengaluru, and Union finance minister Nirmala Sitharaman.
