RECTIFICATION U/s 154

This query is : Open

ALOK (Querist)
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20 April 2011 I had filed for RECTIFICATION(U/s 154), after receiving an intimation from the department claiming Rs 1,00,000 as demand,,instead of Refund of Rs 10,000(Which I was to get back)......

I had filed for a rectification and the same has been REJECTED by the department.

Can I again re-file for RECTIFICATION after getting once rejected or is their any time limit....

Financial Year Is- (2008-2009)
Assesment Year Is- (2009-2010)

Ratan Sharma

Ratan Sharma (Expert)
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20 April 2011 You can not file rectification on the same issue once again. If there is another mistake which is apparent from the face of the record then you can file application u/s. 154. Rectification application is to be filed within 6 months from the order sought to be rectified. You can prefer appeal with CIT ( appeals ) within 30 days against the rectification order passed by AO.

R.KRISHNARAJ

R.KRISHNARAJ (Expert)
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20 April 2011 You can go for appeal to CIT (A)

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ALOK

ALOK (Querist)
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21 April 2011 It was some clerical error while feeding the information while filing ITR 4.....
Can I revise my return now for 2008-2009(Fiancial Year)......

R.KRISHNARAJ

R.KRISHNARAJ (Expert)
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21 April 2011 Due date for revised return is only up to 1 year from the end of relevant asst year. i.e. for the A.Y. 2009-10, due date is up to 31.3.2011. You may file revised return hence forth.

ALOK

ALOK (Querist)
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21 April 2011 So I want to know....
With what option am I left with.....
CPC has rejected my appeal which I had filed for rectification U/s 154,,

It was just a clerical error....
The figures were interchanged....
Which leaded to a heavy TAx demand from CPC's side.....

Should I file for rectification once again....Explaining them the causes....

As per my views.......CPC is actually not goimng into the matter deeply......Hapazardly it has rejectedmy Rectification request.......