CMA K SIVA KUMAR (Jr. Executive (Accounts)) (79 Points)
16 August 2011DEAR EXPERTS I HAVE A QUERY PLS SOLVE URGENTLY
I FILED BELATED RETURN (EFILING) AY 2011-12 ON 16 AUG 2011. IN THAT RETURN I MENTIONED MY GROSS INCOME 90000 AND REFUND WRONGLY MENTIONED 4465(BECAUSE OF CLERICAL ERROR I ENTERED IN SURCHARE COLOUMN 4620 IS TAX PAYABLE) ISTEAD OF 9000. NOW MY QUERY IS HOW CAN I CLAIM MY ENTIRE 9000 AS REFUND. PLEASE SUGGEST ME.
A K Jain
(Service)
(160 Points)
Replied 16 August 2011
1) In case of refund ,ITR can be filed after 31st July.
2) As u Have e-filed,Incometax will be calculated by deptt. as per your taxable income & savings and refund will be given.
3) U can file revised return.
Pl correct me if I am wrong.
vijay
(Accountant)
(902 Points)
Replied 16 August 2011
J@$preet
(Article CA-Final)
(149 Points)
Replied 16 August 2011
Login the assessee's a/c at Directorate's site,under the option of "MY ACCOUNT" option of rectification of return is available.
rahul
(Chartered Accountant)
(5572 Points)
Replied 16 August 2011
| Originally posted by : Jaspreet Malhotra | ||
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Login the assessee's a/c at Directorate's site,under the option of "MY ACCOUNT" option of rectification of return is available. |
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CA.CMA.Prasanna Ganapathy.R
(ACA,Grad.CWA)
(135 Points)
Replied 16 August 2011
belated return cannot be revised....AGREE with Vijay
CA PARAS BAFNA
(Practising CA )
(33428 Points)
Replied 16 August 2011
YOU HAVE TO WAIT FOR JUST A FEW DAYS.
MEANTIME YOU WILL RECEIVE AN INTIMATION U/S 143(1) FROM THE CPC.
YOU WILL BE ABLE TO FILE THE RECTIFICATION REQUEST, IN CASE DESIRED, ONLY AFTER RECEIVING THE SAID INTIMATION.
Please clarify me on the following :
The Assessee has e-filed the Income Tax Return by today i.e. 16.08.11 with errors.
If the signed acknowledgement is sent to CPC, BLR, only then, this e-filed ITR shall be taken on record by the department.
Suppose, the said Assessee is not sending the ITR-V, then it will be treated as non-filing by the department.
In view of the above reason, whether the Assessee can e-file with correct amounts, as if, the Assessee is filing
for the first time. (Hence, the requirement of revised filing does not arise, if the Assessee files in the said manner).
Dear Friends / Experts, Please correct me.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 17 August 2011
| Originally posted by : DECAY | ||
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Please clarify me on the following : The Assessee has e-filed the Income Tax Return by today i.e. 16.08.11 with errors. If the signed acknowledgement is sent to CPC, BLR, only then, this e-filed ITR shall be taken on record by the department. Suppose, the said Assessee is not sending the ITR-V, then it will be treated as non-filing by the department. In view of the above reason, whether the Assessee can e-file with correct amounts, as if, the Assessee is filing for the first time. (Hence, the requirement of revised filing does not arise, if the Assessee files in the said manner). Dear Friends / Experts, Please correct me. |
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better skip the sending ITRV and file a manual return with ITO of your warrd, as e filing site has already recorded your submission and may not allow you to re-file the same.
Prakashkumar Patel
(Proprietor)
(34 Points)
Replied 17 August 2011
GM
Though as per according to the Act a Belated return can not be Revised. But as far as our CPC is concerned they do accept the Revised Returns belatedly Returns. The Course of Action required to be taken is that you dont send the ITR V of Orignal one & Just File the the revised Return & Send the ITR V of the Revised return to the Banglore. They will certainly accept it and Process according to the revised one only.
In your case it is just airithmetic error It may be rectified while processing the same can be seen in the Intimation U/s. 143(1) by Deppt. without involving sec. 154. But for that you have to send the ITR V.
Correct me if erred.
Thanks
Prakashkumar Patel
Akshay
(Taxation)
(514 Points)
Replied 27 August 2011
i e-filed my personal (individual) I.T return of A.Y. 2009-10 after 31st July 2010. i.e. belated on 29 sept 2010. after few days ( after 6 months) i got 143(1) intimation notice for demanding Rs.89623/- from CPC Banglore. I check my .xml file again which is generated from software and come to know that while feeding data in software package (sinewave Taxbase) i keep blank " disallowed depreciation" colummn. and due to this my allowable depreciation cliam is fully disallowed by electronically by income tax department. then i filled revised return after rectifying my mistake but income tax department send me section 154 rejection notice on the grounds that my original return was belated i.e. after 31st july 2010. now i filed Apeal to I.T.O regarding this issue.. i have not add any single income or reduce my any income.. so why they reject???
my basic question is validator is provied by income tax department.. so why its validate the file even though it contain some blank feild or any mistake Tick marks. Suggest me any case referance or idea to fight against department... this situation happens in more than 176 of my assessee. i'm in big trouble because of " e-filing"
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