Rectification u/s 154
Syed Razi Sha (Article Assisstant) (49 Points)
30 October 2015Syed Razi Sha (Article Assisstant) (49 Points)
30 October 2015
S. Shiroor
(Others)
(1207 Points)
Replied 30 October 2015
In the rectification manual of income tax dept - reporting wrong GTI instead of Net income without transport allowance is allowed. Manually you have to attach form 16 to your application to ur jurisdiction AO.
Syed Razi Sha
(Article Assisstant)
(49 Points)
Replied 30 October 2015
S. Shiroor
(Others)
(1207 Points)
Replied 31 October 2015
80G under Chap VI - donations will come under rectification . bcoz all recepient of donations are mapped to CPC. If the return is filed b4 due date then other deductions under VIA which are not mapped to CPC will not be rectified and you have to revise ur return.
If it is filed after due date the revised return will not be taken under consideraion and the return is send to ur Jurisdiction Ao for processing. You have to give xerox copy of investment made under various heads except 80G.
Please clarify on last paragraph of ur question. I have not understood it.
Syed Razi Sha
(Article Assisstant)
(49 Points)
Replied 31 October 2015
S. Shiroor
(Others)
(1207 Points)
Replied 01 November 2015
Can you tell me which AY you have filed return and when. Have you filed ur return b4 due date of that AY
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)