Query in income tax return under section 154

This query is : Resolved

Guest

Guest (Querist)

19 October 2013 Hi,

Someone may please see the following and if possible, give reply:

Query 1

Assessee company filed ITR before the due date for AY 2010-11 (FYE 310310).

Assessee wrongly filled the TAN details in TDS Schedule of ITR. Consequently, refund is determined less.

As the mistake is apparently known one on seeing the TAN, can the assessee file rectification under Section 154 (for enhancing the refund), as the assessee is yet not lapsed the FOUR years as stipulated in the section.

Please confirm my understanding and further confirm the 'applicability of FOUR years' for the given facts of the Assessee.

Ans : ………………

I request someone to support their replies with any URL or case laws so that I will also go through and improve my understanding.

Thanks in advance for your replies.

@VaibhavJ

@VaibhavJ (Expert)
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19 October 2013 Hi

Pl refer: http://myinvestmentideas.com/2013/06/how-to-file-income-tax-rectification-online-for-any-errors-in-itr/

Do revert if you have still any query.

Thanks//VaibhavJ

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