12 September 2014
Dear Experts, I have received an Intimation u/s 143(1) for AY 2013-14 demanding Income Tax. In Sl. No. 65 of Intimation Department taken LESS TDS (as per Form 26AS) and in Sl. No. 8 of Intimation Letter Department not taken BUSNIESS LOSS (Non Speculative Business). Due to this the Department raised Demand u/s 156. Now what will I do for this wrong intimation raised by department? pl. guide me in brief. Thanks in Advance.
13 September 2014
Thanks for your reply sir, I am also glad to you if you guide me in details, how to file rectification u/s 154?. Once again Thanks in Advance.
13 September 2014
1. Log in to Income tax web site . 2. click the tab "My account" 3. Select the "Rectification request" 4. Fill the form according to requirement 5. File the rectification u/s 154