Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

Rejection of request for rectification under section 154

Others 2128 views 4 replies

Chetan More

Accountant

24 Points Posted on 13 October 2011

Dear Sir/ Madam

I have received following Communication from Centralised Processing Center Income Tax Department

As seen from the return of Income Filled by the assessee It is seen that the assessee has not filled the sch.dep. and DPM to claim the Depreciation of Rs 13547/- hence the same has correctly not been allowed hence there is no mistake apparent from the records to be rectified .

Now anybody please give me suggetion on above mattar what I can do to rectify my this mistake .

Replies (4)

VED PRAKASH SAHRMA

CA FINAL STUDENT

41 Points Posted on 13 October 2011

by some fileding mistack shoftware of e-filing does not field the dep. amount in right palace of e-form so dep.is disallowed or not considered

For this probleme please contect your shoftware provider

hitesh

Telecom Industry

169 Points Posted on 14 October 2011

normally these kind of messgaes are received only when there is some mistake in the return itself.. Check the xml form first. In case it s correct, file rectifiaction u/s 154.. In case it is wrong, and time to file revise return has not lapsed, file revised return...

I.V. Chandra Sekhar

Asst. Manager

172 Points Posted on 14 October 2011

If the Assessee file the original return within the due date mentioned Sec.139(1) and time limit for filing the Revised Return under Sec.139(5), he can file Revised Return, by claiming such depreciation also, because claiming depreciation now is amounting to change of taxable income, which can be done through filing a revised return.