Help -intimation u/s 143 (1) - arithmetical error in return

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This query is : Resolved

Rahul K. Singh (Querist)

13 October 2018 Hi!!!!

My assessee has received intimation u/s 143(1) for A.Y 2017-18 asking for payment of tax. I found out that there was a arithmetical error in return filed. Total amount of depreciation was claimed in wrong column resulting in wrong calculation of total income & tax payable thereon.

Please guide me as how to rectify this error. Can I file a Revised Return after rectifying the error. Earlier I had filed a revised return for A.Y. 2017-18. It means If I revise the return, this will be second revision

Kindly help me out
Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 October 2018 No problem file second revised return.

Message likes : 1 times

Rahul K. Singh

Rahul K. Singh (Querist)

15 October 2018
Dear Sir,

I have Filed a Revised Return with proper adjustment. Kindly Advise me how shall I respond to the Outstanding Tax demand at efiling portal

Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

15 October 2018 Outstanding tax demand will be adjusted when second revised return is processed wait for it.

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