Ractification u/s. 154
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 November 2011
Hello everyone. I have received ractification Notice U/s. 154. After analysis from data of return filed I found that there was arithmetic mistake made by my colleague while computing the return of income. The difference between data of Ractification Notice and my computation of income is amount of deprecdiation amount U/s. 32. I want to know whether I should rectify the mistake and again upload the ROI for A.Y. 2010-2011 or should file revised return. If I have to file return in response to Notice U/s. 154 what reason I should mentioned in that? Please give me your precious opinion.
Roshni
Roshni
CA PARAS BAFNA
(Expert)
05 November 2011
Please rectify the mistake and upload the rectified return through rectification route in MY Account at income tax e filing site.
A return can not be revised once assessment has been completed.
A return can not be revised once assessment has been completed.
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
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Whether output tax is taken credit by purchaser
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
