Exemption u/s 10(23c) (iiiad) for the year 2017-18

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This query is : Resolved

ganesh (Querist)

13 July 2019 One of my client run an educational institution and the institution total receipts are less than one crore. Hence the same is not table by virtue of Sec 10(23c)(iiiad) of the Income tax act. However while filing the return i forgot to mention the aforesaid section and wrongly mentioned as 12A Registered society. The CPC while processing the return disallowed entire expenditure and taxed at Maximum marginal rate.Now I am unable to file both rectification as well as revised return because the system didn't allow me to file the return. How to resolve the issue

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 July 2019 Appealable Order
Section 246A of Income Tax Act enumerates the orders against which an appeal can be filed before the Commissioner of Income Tax (Appeals). All appeals have to be made to the Commissioner of Income Tax (Appeals), who is considered to be the first appellate authority. An appeal can be made under the following circumstances:

When a taxpayer is served with an order where he is not liable to pay tax under the Income Tax Act.

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