18 November 2015
Sir, Mistakenly filed wrong values while filing I.T. return for A.y.2010-11.Filed revised return (in time)but failed to post the acknowledgement.Demand has been raised U/S.245 in that A.Y.So please help me how to avoid paying this demand.
19 November 2015
You can approach your jurisdiction along with a application for rectification u/s 245 along with the revised computation and return. He may on the basis of the claim would passed rectification order
This is to noted that, when assessee file revised return within time limt u/s 139 (5), then original return replace with revised return.
So, its advise to make request for late submission of revised return with GENUINE reason thereof to respective Assessing officer, then your demand will not proceed by A.O.