Rectification u/s 154
This query is : Resolved
12 February 2013
Dear Friends,
I have filled ITR-4S but due to typographical error, the profit entered was 11,93,000.00 instead of 1,93,000.00. Then after the CPC assessment they have demanded the Tax. I have filled rectification request online and after that they have issued the order u/s 154 for the confirmed to pay tax. Now, i want to know that what should i have to do? And also specify the time limit to do the procedure after the order date u/s 154.
Thanks in advance.
I have filled ITR-4S but due to typographical error, the profit entered was 11,93,000.00 instead of 1,93,000.00. Then after the CPC assessment they have demanded the Tax. I have filled rectification request online and after that they have issued the order u/s 154 for the confirmed to pay tax. Now, i want to know that what should i have to do? And also specify the time limit to do the procedure after the order date u/s 154.
Thanks in advance.
12 February 2013
Dear Hiren,
You could have revised your return under 139(5), restating your income as 1,93,000. That would force the CPC to process the revised return.
You could have revised your return under 139(5), restating your income as 1,93,000. That would force the CPC to process the revised return.
12 February 2013
Thanks Mr. Nikhil,
But i have not filled the return in time. So they are not processing the revised return.
But i have not filled the return in time. So they are not processing the revised return.
12 February 2013
Dear Hiren,
would it be possible for you to share the copy of the return filed, assessment order, the rectification application and the order passed thereafter?
would it be possible for you to share the copy of the return filed, assessment order, the rectification application and the order passed thereafter?
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