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Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2013 If ITR-1 for AY 2012-13 and AY 2013-14 has been filed on 2nd september 2013 in which there is mistake in my Bank Account No. and the case is of Refund. What is the way to correct the same ? As we know that the belated return can not be revised. Can we rectify our mistake by filing under section 154 ?

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)

25 September 2013 Yes, you can rectify your mistake by filing rectification return u/s 154(1) but filing of 154(1) rectification is possible only after the receipt of 143(1) intimation from the side of CPC because of while filing of 154(1) rectification you should be indicate CPC order number and date of order these are available on intimation from CPC only after completion of its process.

So please wait till the completion of process by CPC and receipt of intimation.

OM SAI SRI SAI JAI JAI SAI

Ajay Mishra

Ajay Mishra (Expert)

25 September 2013 Hi

In case of any mistakes on the refund cheque delivered to you, the following should be done:

i) Send the original refund cheque to CMP, State Bank of India at SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093, Phone Number: 18004259760, along with a letter informing the mistakes on the refund cheque.
ii) Send a copy of the letter along with a copy of the refund cheque to your Assessing Officer.
iii) Retain a copy of the letter and refund cheque with you.

For more, go to the below link:

https://www.tin-nsdl.com/faq/faq-refund.php

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