Petition u/s 154
This query is : Resolved
26 February 2009
Sir,
I want to know Whatis section 154. How can we file a petition u/s 154?
Thanks
I want to know Whatis section 154. How can we file a petition u/s 154?
Thanks
26 February 2009
If there is any mistake in the records of the income tax authority in the files of an assessee it can be either suo motto by the assessing officer or on application by the assessee can be rectified u/s 154. There is no form for the rectification application and no fee is to be payable to the Govt. The time limit to submit an application is 4 years from the end of the financial year in which the order sought to be amended was passed.
27 February 2009
IT IS FOR REQUEST OF RACTIFICATION OF MISTAKE APPEARANT FROM RECORD EITHER SUOMOTO OR BY ASSESSING AUTHORITY.
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
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
