CA AKASH KUMAR (CHARTERED ACCOUNTANT) (53 Points)
21 May 2013I HAVE FILED AN ITR ON WHICH I HAVE SHOWN WRONGLY DEDUCTION U/S 80CCC RS. 100000/- IN PLACE OF 8OC. NOW ITO HAS ASSESSED MY INCOME WITHOUT CLAIMING DEDUCTION & MY NET TAXABLE INCOME HAS BEEN INCREASED BY RS. 100000/- IN THE INTIMATION RECEIVED U/S. 143(1). THE TIME LIMIT FOR REVISED RETURN HAS ALSO EXPIRED. NOW WHAT TO DO TO CLAIM DEDUCTION. PLEASE HELP.
THANKS IN ADVANCE.
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 21 May 2013
Provide a reasonble cause in reply of Notice what u have received.
CA AKASH KUMAR
(CHARTERED ACCOUNTANT)
(53 Points)
Replied 21 May 2013
ASTHIS IS NOT A MISTAKE APPARENT FROM RECORD, HOW CAN I FILE RECTIFICATION U/S.154
HIMANSHU SHARMA
(STUDENT)
(117 Points)
Replied 21 May 2013
Rectification of mistake u/s 154 only when mistake apparent from the record an income tax authority.......not assessee.... but u will try to file rectification request u/s 154.
HIMANSHU SHARMA
(STUDENT)
(117 Points)
Replied 21 May 2013
IF YOUR FILE HAVE BEEN TRANFERRED FROM BANGALORE CPC TO NEAREST JURICDICTION.....THAN U CONTANT WITH YOUR JURISDICTION.... AND EXPLAIN YOUR PROBLE....
CA Pooja Agarwal
(Chartered Accountant)
(3228 Points)
Replied 22 May 2013
in case you have filed the return before the due date of filing the return u/s 139(1),you can file a revised return u/s 139(5)
PALLAV
(Final)
(34 Points)
Replied 23 May 2013
Dear Akash ji,
In the case mentioned above, you may make an application to the IT Authority for rectification of order u/s 154. Although, the mistake is not apparent from the records, but a material explanation may be made on this behalf (regarding claim of deduction) alongwith the application. The procedure is very much valid.
Regards,
Pallav Agarwal
pagarwal.icai @ gmail.com
PALLAV
(Final)
(34 Points)
Replied 23 May 2013
Dear Akash ji,
In the case mentioned above, you may make an application to the IT Authority for rectification of order u/s 154. Although, the mistake is not apparent from the records, but a material explanation may be made on this behalf (regarding claim of deduction) alongwith the application. The procedure is very much valid.
Regards,
Pallav Agarwal
pagarwal.icai @ gmail.com
CAclubindia
