House property assessment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 February 2015
I have 25% share on a house property. Total annual value is 36 lacs. My share of annual value is 25% of 36 lacs i.e. 9 lacs. I had filed my ITR with above facts. However, the return was processed with 36 lacs as my income and demand has been raised.
What should be the course of action now. Should I file revise return or should I file 154 aplication. What could be the reasons for this.
What should be the course of action now. Should I file revise return or should I file 154 aplication. What could be the reasons for this.
02 February 2015
File 154 rectification.......
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