Section 44aa

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 July 2012 I have mistakenly filed a income tax return with profit of 250000/- without maintaining books of accounts in income tax return.

Can i rectify it u/s 154

06 July 2012 If you have filed the return on or vefore the due date, you can file a revised return.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 July 2012 No, return was filed after due date (on31-03-2012 of AY 2011-12.)

In this case what should i do


06 July 2012 You cannot do anything. You cannot file a rectification application u/s 154 since this is NOT a case of mistake apparent from record.

Let the department process the return.

06 July 2012 You can file the rectification application u/s 154 only after receiving the intimation/order from the department.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries