06 February 2015
An assessee has recieved demand notice for the A.Y 2008-09. Demand is raised agianst assessee because assessee has claimed exemption u/s 24(b) for housing loan interest for self occupied propety, but wrongly disclosed in the column of losses carried forword. Now can assessee file 154 against this mistake. I doubt because it is mistake of assessee not of dept.
06 February 2015
Assesse has rightly calculated the tax and paid it. Due to error in filing up the form the dept made a mistake in calculation which can be sought to be rectified u/s 154.
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