Rectification of belated return
This query is : Resolved
Neha Kaushik
(Querist)
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.
Nikhil Kaushik
(Expert)
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
CA R SEETHARAMAN
(Expert)
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
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
