04 March 2015
Dear sir/ mam please tell me abt itr-4s which i file after due date for A.Y 2014-15 nil tax payable and i m not fill tax credit for A.Y 2013-14 .... So is that any solution for revise..... For purpose of refund of 6000 rs...... So is that any
04 March 2015
You can not revise the return since return was belated return filed u/s 139(4). So now wait for intimation u/s 143(1) and after that you can submit online rectification request.
05 March 2015
Only those mistakes which are apparent on record can be rectified u/s. 154 of the Income Tax, 1961. If you have not Claimed the TDS while filing the return u/s. 139(4), you are not eligible to claim the TDS by filing online rectification return.
05 March 2015
ok sir thank u .... but sir i want to discuss one more thing actually my frnd suggest me that..... File ITR for A.Y 2013-14 and put tax credit in it becoz in past ITR was not file for assessment year A.Y 2013-14 so is it right way to claim tax credit.... And also becoz i already file ITR for A.Y 2014-15..... ?
05 March 2015
Sorry i did not notice there were two different AY 2014-15 and 2013-14. Tax Credit of AY 2013-14 can not be claimed in AY 2014-15. So your friend is correct. File the return of AY 2013-14 u/s 139(4) within 31.03.2015 and claim the refund of TDS deducted.
Remember since the belated return is being filed after the end of relevant Assessment Year, a penalty of Rs 5000/- (Maximum) may be imposed u/s 271F (after giving assessee an opportunity of being heard), if you were required to submit return u/s 139(1).
05 March 2015
The view of Shravan Kumar Ji is correct. The suggested course of action is to seek revision u/s 264 after obtaining intimation u/s 143(1).
05 March 2015
Thank you Warrier Sir for your reply.
Sir but here the return for AY 2013-14 can be filed since the TDS credit which was unclaimed is of AY 2013-14. In this case AY 2014-15 return was filed but AY 2013-14 return is yet to be filed. I misinterpreted the query earlier.
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