Income tax notice

This query is : Resolved 

21 March 2020 Today I got a notice that return for AY 2014-15 will henceforth be rectified by our Assessing Officer........ What to do in this case

21 March 2020 If you want to rectify after end of the four years , then you must need permission from the assessing officer.. Visit your jurisdictional income tax office

22 March 2020 You may file objection if there is no valid ground for rectification of mistake. ex. if the reason stated involves debatable issue which requires inquiry. Further, the validity of rectification can be challenged if it is beyond the limitation period mentioned in Section 154 of the Act.

22 March 2020 Respected Rarhakrishnan K.V Sir, not a single reason is given is my notice... they have just mentioned that our ITR have been taken for rectification and asking us to contact our AO. Sorry to say but our AO is very angry person and never use to hear any thing from our side always use to threat us..... If we go to his office to know the reason is there any negative aspects.....

22 March 2020 Actually a scrutiny is going on for AY 2019-20 is this rectification action against present scrutiny

23 March 2020 ROM for the AY-2014-15 has nothing to do with the assessment for the AY-2019-20. ROM cannot be made u/s 154 after 4 years. Further, order of ROM cannot be passed without giving an opportunity to the assessee for being heard, in case the effect is increase in tax amount. You may file appeal against the order of ROM.


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