section 154"rectification of errors"

ITR 1136 views 1 replies

 

1-Section 154 –“Rectification of errors “

Under this section whose mistakes can be rectified Assessee’s or Assessing Officer’s?

 

2-What are the consequences of an incomplete income tax return

e.g. if Depreciation is claimed but no detail is provided in return 

&  Advance tax is deducted in tax liability computation but no detail of challan no. ,bank etc is provided in return.

Replies (1)

Dear Nuba,

you can very rectify the mistake u/s 154, even though the mistake is yours.


CCI Pro

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