In Form 16 deduction u/s.80E has been claimed and accordingly tax liability is calculated correctly in Form 16 for the A.Y.2010-11. But, By Mistake such deduction has not been claimed in the return of income filed for A.Y.2010-11, due to which there is tax liability arising.
Now, whether rectification application U/s. 154 can be made by producing Form 16?
No Sir, I have not received Intimation U/s.143(1). I have filed Paper Return for the A.Y.2010-11. Further, the demand is raised u/s. 143 (1a) as per the Outstanding Demand Status on IT e-Filing website.
Can it be said that assessment is made u/s. 143(1) as demand is raised u/s.143(1a)?
If yes, then Can I file rectification application u/s.154?
If no, then is there any other remedy for correction of mistake?
26 January 2013
Yes, Assessment is completed u/s 143(1) and determining the demand. Since you have filed the paper return, you need to file written request for rectification of order u/s 154(2)by stating the requisite facts at your AO ward.
Finally, Since the time limit to file revised return is already being lapsed, the only option remained is make request for rectification of order u/s 154(2).
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