143(1)/154 neccesary


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 March 2014 sir..

is rectifictn is neccesary when there is a diff betn income calculated by assessee and income calculated by income tax dept..??..

but the overall income tax return is nil from dept point of view as well as assesse point of view..

so please reply is it neccesary to revisd it or stay wid my old return..??

thanks in adv pls reply its urgent

27 March 2014 if the overall income tax is not then y to revise or rectify the return...

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 March 2014 BUT SIR THE INCOME COMPUTED BY ME AND INCOME COMPUTED BY DEPARTMENT IS DIFFERNT...THERE IS A DIFFERNCE OF RS.3000 IN THAT..BUT THE OVERALL RETURN IS NIL FRM MY POINT OF AS WEL AS DEPT POINT OF VIEW..

SO SHOULD I STAY WID MY OLD RETURN OR SHOULD RECTIFY IT U/S 154..

PLS REPLY THANKS IN ADV


28 March 2014 then also there will not be any major impact better not to twist it as there is no income tax final payment....else u may get in any unkown trouble....

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 March 2014 OK THANXS SIR SO I AM NT GOING TO REVISD IN NYMORE..

BUT IS IT WIL CREATE NY IMPACT ON MY NEXT YEARS RETURNS..??

28 March 2014 there will not be any impact in this case....so relax....

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 March 2014 SIR IN THIS CASE THEY DISALLOWED MY DEPRECITION OF RS.3000...THE RATE AND CALCUTION IS CORRECT..

SO WHY THEY DISALLOWED IN NY REASON DO U KNW SIR...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details