Rectification of belated return
This query is : Resolved
14 November 2014
An Assessee filed a belated return for the AY 2013-14 on 29/03/2014 in which he forgot to claim deduction u/s 80C for Rs.1 lakh. Consequently, on 24/07/2014 he received intimation u/s 143(1) in which demand was raised and on 21/09/2014 notice of demand u/s 156 was received to pay the differential tax amount within 30 days.
Kindly let me know what are the available options to drop the tax demand and claim the refund due as belated return cannot be revised.
Kindly let me know what are the available options to drop the tax demand and claim the refund due as belated return cannot be revised.
14 November 2014
given that the error is not a mistake apparent from records, you cannot even file 154 application for this. so just approach the jurisdictional AO alongwith the documents to evidence 80c deductions.
Message likes :
1 times
14 November 2014
No option available to drop the tax demand.
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
- Supply through E-commerce Operators
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- E way bill for tractors
- Specified Profession
- Agriculture income or business income
- Suggestions required for income tax filing-software (FY 2025-26)
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Taxation on LTCG for property sold after 24JUL2024
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
