21 July 2010
You will have to file Rectification of Intimation U/s 154 of the Income Tax Act, 1961.
Format:---
Date:
To The I.T.O Ward-..., .............. .............. ...............
Dear Sir,
Ref: - Your Intimation U/s 143 (1) dated: ........ for the A.Y ........, Received on ........ (PAN ..........)
Sub: - Rectification of Intimation U/s 154 of the Income Tax Act, 1961.
I have received your above mentioned intimation U/s 143(1) of the Income Tax Act which is showing a demand of Income Tax of Rs. ....../-
In this connection i want to bring in to your kind notice that.................................................................................................... ............................................................................................................................................................ ............................................................................................................................................................ ............
I therefore request you to please rectify your above mentioned intimation U/s 154 and issue a rectification order to that effect at the earliest.
21 July 2010
Either rectification may be moved before CPC,Bangalore ,as rightly said by Sanjay Ji, if you are sure that you are eligible for depreciation as per section 32, OR YOU MAY FILE AN APPEAL BEFORE THE JURISDICTIONAL CIT(APPEALS).
CAclubindia
