banner_ad

Dedeuction

Tax queries 639 views 8 replies

I HAVE FILED AN ITR ON WHICH I HAVE SHOWN WRONGLY DEDUCTION U/S 80CCC RS. 100000/- IN PLACE OF 8OC. NOW ITO HAS ASSESSED MY INCOME WITHOUT CLAIMING DEDUCTION & MY NET TAXABLE INCOME HAS BEEN INCREASED BY RS. 100000/- IN THE INTIMATION RECEIVED U/S. 143(1). THE TIME LIMIT FOR REVISED RETURN HAS ALSO EXPIRED. NOW WHAT TO DO TO CLAIM DEDUCTION. PLEASE HELP.

THANKS IN ADVANCE.

 

Replies (8)

RECTIFIED RETURN U/S 154

Provide a reasonble cause in reply of Notice what u have received.

ASTHIS IS NOT A MISTAKE APPARENT FROM RECORD, HOW CAN I FILE RECTIFICATION U/S.154

 

Rectification of mistake u/s 154 only when mistake apparent from the record an income tax authority.......not assessee.... but u will try to file rectification request u/s 154.

 

IF YOUR FILE HAVE BEEN TRANFERRED FROM BANGALORE CPC TO NEAREST JURICDICTION.....THAN U CONTANT WITH YOUR JURISDICTION.... AND EXPLAIN YOUR PROBLE....

in case you have filed the return before the due date of filing the return u/s 139(1),you can file a revised return u/s 139(5)

Dear Akash ji,

 

In the case mentioned above, you may make an application to the IT Authority for rectification of order u/s 154. Although, the mistake is not apparent from the records, but a material explanation may be made on this behalf (regarding claim of deduction) alongwith the application. The procedure is very much valid.

 

Regards,

Pallav Agarwal

pagarwal.icai @ gmail.com

Dear Akash ji,

 

In the case mentioned above, you may make an application to the IT Authority for rectification of order u/s 154. Although, the mistake is not apparent from the records, but a material explanation may be made on this behalf (regarding claim of deduction) alongwith the application. The procedure is very much valid.

 

Regards,

Pallav Agarwal

pagarwal.icai @ gmail.com


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details