rectification 154

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

06 July 2011 i received intimation us 143 for demand of rs. 5000, no reason was shown for the demand i filled rectification us 154 and order has been passed for same demand reason has been given that depreciation schedule DEP was not given? can i fill again rectification us 154 after correcting the error?

CS Bijoy

CS Bijoy (Expert)
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06 July 2011 According to me once demand is made you have to reply for the demand and reason for the mistake taken place is to be shown, after receiving reason for the mistake if department felt it necessary than opportunity will be given to you.

Querist : Anonymous

Querist : Anonymous (Querist)

06 July 2011 for ay 09-10 my business income is increased by rs.48910 and tax by 5000? reason given in the order against rectification is that depreciation is not shown in schedule DEP ? now the dep i have claimed is rs. 3053 ? so even if they disallow depreciation income should have increased by rs. 3053? and in my return schedule DEP is showing depreciation amount. now what should i do? again go for rectification but what should i rectify? or should go for appeal?
Thank you

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