banner_ad

Home loan interest

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 April 2012 Respected experts,

I filed my return on 29.03.2012 due date of return was 31.07.2011. But by mistake I have not mention the Home loan interest effect of this is my refund make less. How can I rectify this mistake although I have already submit the return after due date and I can not submit revised return.

regards,
Rupesh
Profile Image

Pankaj Gandhi Jaiswal

Profile Image

Pankaj Gandhi Jaiswal (Expert)
05 April 2012 Though you can not revise the return because it is filed late but you can correct it u/s 154
Profile Image

CA Kishore Tallam

Profile Image

CA Kishore Tallam (Expert)
05 April 2012 But section 139 prevails over 154. Hence, belated return cannot be revised.
Profile Image

Rupesh

Profile Image

Rupesh (Querist)
05 April 2012 This mean I can not rectify u/s 154
Profile Image

CA Siddhartha Bhardwaj

Profile Image

CA Siddhartha Bhardwaj (Expert)
05 April 2012 No you cannot file a rectification application. Rectification is for a mistake apparent from record.

Claiming deduction for interest amounts to making NEW CLAIMS which do not fall within the perview of rectification.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details