Rectification u/s 154

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2014 Dear friends,

my client has filed a return for a.y. 2008-09 with house property loss and loss has been stated at wrong place in return form. for the same she has received intimation u/s 143(1),but she was unaware until now.and not also filed rectification u/s 154. now she has received notice u/s 245 for adjusting demand against refund of a.y. 2013-14 but if error is rectified she is receiving refund for a.y. 2008-09 also. so my question is that can i filed rectification u/s 154 now for a.y. 2008-09 ? please give suggestion if any.

CA.Sourabh Sethia

CA.Sourabh Sethia (Expert)
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07 January 2014 Rectification U/s.154

no amendment under this section shall be made after the expiry of four years from the end of the financial year in which the order sought to be amended was passed.