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Intimation u\s 143(1) due to dep. shedule left blank

Others 1243 views 4 replies

dilshad ansari

C.A.Final

53 Points Joined November 2008

I have filled return of my client on 20.06.10 claiming dep. in p& l a\c but i leave blank dep. shedule.

Now i got an intimation u\s 143(1) in which income has been increased by amount of dep. and claiming tax demand to be deposit.

Now what should i do??

My own comment:- Now i have two remedies i can file revise return 139(5) or rectification petition 154.

Q1. If i file revise return then next intimation 143(1) will show demand nil but if demand has become enforceable u/s 156(143(1)) then can we nullify the effect by filling revise return.

Q2.If i go for 154 then ito, delhi office or to banglore online

OR I SHOULD DO BOTH

Please tell me

Thanx

Replies (4)

FATEMA

CHARTERED ACCOUNTANT

719 Points Joined March 2009

There is no need to revise the return.Please rectify your return by uploading rectification xml on www.incometaxindiaefiling.gov.in.

Regards,

Fatema.

Madhusudan Kabra

knowledge seeker

1779 Points Joined August 2008

Originally posted by : FATEMA
	There is no need to revise the return.Please rectify your return by uploading rectification xml on www.incometaxindiaefiling.gov.in. Regards, Fatema.