Petition u/s 154
This query is : Resolved
Mohd Sarfaraz Latibani
(Querist)
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.
CA.MANOJ LAMBA
(Expert)
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GSTR9 Annual Return
- Ito add credit side of bank
- Employee secondment
- Gift to nri relatives resides in usa
- Applicability of tax on invoice
- Import of Capital Machine
- Form 144 TDS Return Validation error
- LLP audit and disclosure
- Rent agreement of House of deceased person
- Rectification under processing even after 6 months cpc portal
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
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
