One of our clients, who is an individual received 1st Reminder Notice (Intimation already received in last year) from Income Tax Department to pay outstanding Tax Liability. After verifying his records his previous returns it was found that his Original Return was wrongly filed.
I need to apply for rectification of his IT Return for the AY 2010-11.Can anybody tall me the procedure for the same?If we need to update his revised records in the fresh ITR 1 which section I need to put in the column “Return Filed Under Section” (u/s139(1) u/s142(1) u/s148 or u/s153(A))?
03 April 2013
Thanks. Yes we need to file rectification u/s 154.In incometax efling after clicking on rectification option it ask us to upload XML file of revised Return.in return “Return Filed Under Sec tion” option which section I need to mention out of the below? i. Voluntarily before the due date under section 139 11 ii. Voluntarily after the due date under section 139 12 iii. In response to notice under section 142(1) 13 iv. In response to notice under section 148 14 v. In response to notice under section 153A/ 153C
Note that I have received Demand Notice u/s 143(1) to pay outstanding amount.
03 April 2013
I have filed previous return before due date voluntory.
I need to treat rectification of return as REVISED RETURN? and Select the 1st of i.e, Voluntory before the due date u/s 139 (1)??even if we rectifies the same after two years?
CAclubindia
