03 October 2012
I filed a rectification return properly and the process was sucessfully completed. But i need to withdraw my return as i had filled bsr code and challan no. as 000000 in IT sheet earlier when i did not have the challan of Ay 11-12.
Now that i have found the challan, can the return be filed again after withdrawing?
Its been 2 days since i have filed the rectified return./ Please guide.... It's a big problem for me.
04 October 2012
ya u are right ..... i did the same.. according to me the tax liability should have been 0 but acc. to CPC its coming more.. This is because i forgot to claim depreciation.
Then i filed the rectified return properly, but did not have the challan no. so put 0000 in its place in the IT sheet. but today, i have got the same... so should i withdraw the previous request? Would it be correct? Coz after withdrawing, if the site does'nt accept another return, its gonna a problem.. Now what should i do? Please suggest.
04 October 2012
First of all I want to tell that I dont think that AO will entertain your rectification application. Because rectification can be moved u/s 154 only when if there is a mistake apparent from record in the order of AO. And here, AO's order was correct and mistake was on your end. But anyways try to claim the rectification.there is no harm in it. secondly....if u already filled a rectification then you can very well file another one. the later will be considered.suggestions from other experts should also be considered.
04 October 2012
Yes, if the original assessment is subsequently rectified, a second application for rectification of the same is permitted and valid. There is no restriction on the number of times the rectification has been made.
The facility to make online application for rectification is available only if the return of income has been filed electronically. If there is any mistake in the return originally filed by the assessee, then first rectify the return submitted. Rectification required will be processed at CPC (Centralised Processing Centre), Bangalore and if found acceptable then a rectification order will be issued. Make sure that while filling up the form, you have entered all the required fields with the correct information. You have to fill up all the schedules, like tax payment and TDS. Even in the rectification form, you have to mention all the information and not just the ones that need to be corrected. The reason is that your entire tax return will be reviewed in totality.
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