Rectification

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 February 2014 I want one guidance.can file rectification after 5 A.Y.for example if i filed rectification for A.Y.2009-10 and rectification is reject than can i file rectification request again after march 2014??

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

27 February 2014 yes you can file. even if the assessment order was passed in FY 2009-10, rectification can be filed upto 31 March 2014.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

27 February 2014 rectification u/s 154 is valid only for 4 years from end of FY in which order sought to be ammended was passed.

Querist : Anonymous

Querist : Anonymous (Querist)

27 February 2014 in online filing of rectification it mentioned that filing of rectification request for 5 assessment year

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

27 February 2014 Dear Tushar,

the rectification is not linked to the assessment year. it is linked to the year in which order is passed. (refer 154(7).

regardless, even if we count from AY, four years from AY 2009-10 ends on 31 March 2014. So rectification is possible even under the logic you gave.

Dear Querist, it is not five years. refer 154(7)

Querist : Anonymous

Querist : Anonymous (Querist)

27 February 2014 I understand now.thankx Nikhil

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

27 February 2014 you are welcome Anonymous!!

Querist : Anonymous

Querist : Anonymous (Querist)

27 February 2014 But i have one doubt also if i filed rectification request which is within time limit mentioned in sec.154(7) but rectification request reject and time laps of year than can we again file rectification request??

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

27 February 2014 doesnt matter. there is no bar on number of applications!!!

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

28 February 2014 yes till the time doesnt laps of 4 years from the end of FY in which order was sought to be ammended gets expire u still can file repetetive applications.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

28 February 2014 Tushar....lolzzzzzzzzzzzzzzzzzzz

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

28 February 2014 nikhil....hasi aa rahi hai to thoda zor se has le....

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

28 February 2014 yaar tum pehle galat reply karte ho...jab koi tumhe correct kare, toh tum apna original reply hi amend kar dete ho..end result yeh hota ki jo banda correct karta hai, uska reply atpata lagta hai!!!

isme hasi toh aani chahiye na!!!

Message likes : 1 times

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

28 February 2014 woh us bande aur mere beech ki baat hai na sirji...aap ko kya problem hai...income tax act mein toh ispar restriction nahi hai na ki i cant change my answer if mistakenly i wrote and then i rectify the rectification wala query????

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

28 February 2014 thats why I am saying na...lolzzz

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now