while filing the return pan no was wrongly written and refund claim was 20000/-
can it be corrected u/s 154 rectification of mistakes???????/
how can refund can be claimed in this case?
CA Rakesh Garg (Asst. MGR Taxation) (510 Points)
04 June 2011while filing the return pan no was wrongly written and refund claim was 20000/-
can it be corrected u/s 154 rectification of mistakes???????/
how can refund can be claimed in this case?
Arvind Sharma
(ACA)
(1432 Points)
Replied 04 June 2011
ya you can apply u/s 154 for ractification of mistake in Intimation Order....
Hoever, if you have time to make revised return.., go for it....
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 04 June 2011
"Rectification u/s 154 (7) can be made only within 4 yrs from the end of FY in which the order sought to be ammended was passed "
So chk d time limit in ur case.
CA Rakesh Garg
(Asst. MGR Taxation)
(510 Points)
Replied 04 June 2011
yes , it is with in 4 yrs. so 154 could be apply.
thanx