Rectification

Page no : 2

Kapadia Pravin (17259 Points)
Replied 25 February 2020

A very novel terminology so far unknown..

"Submitting return is basically rectification of the order.". Funny !!!

I reject .

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sabyasachi mukherjee (27515 Points)
Replied 25 February 2020

It hardly matters whether u reject ..

Nandakumar K Konkar (Partner) (246 Points)
Replied 25 February 2020

Ramesh,

Kindly note as under:

(a) Notice u/s 142(1) is a pre-cursor to scrutiny assessment u/s 143(2), no question of rectification here.

(b) Sec 154 relates to rectification of 'mistake apparent from record' in any order passed by tax authorities, including u/s 143(2).

sabyasachi mukherjee (27515 Points)
Replied 25 February 2020

Ramesh

note

sec 142(1) is a notice for not filing returns within due date.
sec 154 can be rectified by sending an intimation for rectification of the order.
A fresh return can be filed.

Kapadia Pravin (17259 Points)
Replied 26 February 2020

Above reply is absolutely incorrect.

142(1) is covering lot more situations other than non-filing of iTR.

Last para un-understandable.
----+
Mr. Ramesh , can you tell what AO asked in 142(1) notice and what Rectification request you wish to file ??

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sabyasachi mukherjee (27515 Points)
Replied 29 February 2020

Sec 142 (1) is generally for non filing of return.
U hv no right to deny .

produce accounts and documents...

Ramesh patel (Business) (190 Points)
Replied 29 February 2020

Sabyachi sir can u please provide ur contact info?

sabyasachi mukherjee (27515 Points)
Replied 01 March 2020

Absolutely correct...

Kapadia Pravin (17259 Points)
Replied 01 March 2020

What ???

sabyasachi mukherjee (27515 Points)
Replied 04 March 2020

Read the books ..
there are numerous books and instead of pointing fingers...
let's make the forum more interesting .
I know u are rational..
In another query..
139(9) I hv rightly answered...

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Kapadia Pravin (17259 Points)
Replied 04 March 2020

Self praise ! No issues.

But Forum and me expect you to reply but only when it is fully backed by reading books you know.

We all will appreciate !! I congratulate you for your enthusiasm.