Answer to rectification u/s 154

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CA.Aparna Bhosale (Querist)

02 April 2014 There was a mistake in entering the TAN number of the deductor while filing the TDS information in the Income Tax Return .Income tax dept send a notice u/s 143(1).We filed a revised return rectifying the mistake as well as filed a rectification u/s 154 .Now we are receiving a answer to the rectification filed u/s 154 ,where the dept has disallowed the TDS and charged interest on the same and created a demand, Which is not at all geniune.In the reasons for rectification they have mentioned that 26 AS needs to be rectified.The mistake was in the return filed and not 26AS.How do I act now,Please guide.

Nikhil Kaushik

Nikhil Kaushik (Expert)

02 April 2014 well first option is to apply for filing rectification request only.

second option is to file revised return under 139(5) provided that it is not time barred yet.

CA.Aparna Bhosale

CA.Aparna Bhosale (Querist)

02 April 2014 Should i again filed a rectification request,We had done it once.For which we received this wrong reply.

Nikhil Kaushik

Nikhil Kaushik (Expert)

02 April 2014 you can apply again for rectification. however, since you havent received satisfactory reply to the same, you can also explore option of filing a revised return subject to availability of time under 139(5).

CA.Aparna Bhosale

CA.Aparna Bhosale (Querist)

02 April 2014 Thankyou,Should i make mention of the wrong reply in the rectification request to be filed again.I have already filed a revised return.

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