sec 154
This query is : Resolved
26 June 2009
whether AO has the Power to ask for additional ground U/s 154 Such as House Property detail, Details of his Partnership Firm etc etc. as sec 154 deals with mistake apparent from Record
26 June 2009
Hi Anjani,
If there is any primafacie mistake in the return furnished by you , as regard the claim of house property then he can ask for the details. If there is no mistake in the housing benefits claimed by you in the return of income, then AO can not ask for the property details u/s. 154 . The same is applicable for the details of partnership firm. Any mistake apparent from the face of the records can only be rectified u/s. 154.
If there is any primafacie mistake in the return furnished by you , as regard the claim of house property then he can ask for the details. If there is no mistake in the housing benefits claimed by you in the return of income, then AO can not ask for the property details u/s. 154 . The same is applicable for the details of partnership firm. Any mistake apparent from the face of the records can only be rectified u/s. 154.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
