08 October 2012
Our one of the client has received notice of demand for oct'11 to march'12 on 10.9.12 and till today he has not deposited Arrears of demand then which provision will be applicable in this case
08 October 2012
1. Apply for rectification of mistake U/s 154 of IT act in case where any mistakes noticed between at the time of assessment U/s 143(1)
2. Pay the income arrears as per demand U/s 143(1) if it is found to be correct.