Option for rectification
This query is : Resolved
NITIN SHARMA
(Querist)
25 January 2016
I have filled a belated return in which rupees 320000 written in thev profit and loss account as net profit but total income written Rs.280000/ the cpc passed intimation u/s143 (1) and made assessment on income of rs.320000/. and imposed tax liability. I have filed rectification u/s 154 but cpc rejected the same as no mistake apperennt on record was find. The return was filed belated. now what are the option for me to correct the assessment to avoid wrong tax liability. Plz. inform me
Ganeshbabu K
(Expert)
25 January 2016
Write a letter to rectify mistake addressing your assessing officer
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
