27 November 2014
My client had filed the return for the assessment year 2009-10 and by mistake he didn,t claim deduction under income tax return whereas in form 16 , deduction was taken for calculation of income tax. Now in 2014-15, my client got to know that the demand was raised by Income Tax Department dated 13-12-2010 for assessment year 2009-10. So my question , is there any way to rectify that demand order and if please suggest me as soon as possible ?
27 November 2014
the ans is no as rectification can be made within 4 years only and in ur case its over by 31.3.2014
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 November 2014
Dear Tushar, demand order was issued in the dec,2010 that is financial year 2010-11 So I can file the rectification order within four year i.e till 31-03-2015?
27 November 2014
ok yes i checked it if order was passed in fy 2010-11 then ur time limit is 4 years from end of FY in which order sought to be ammended was passed i.e it comes 31.3.2015
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 November 2014
Okk Tushar can you help me out what is the process lyk to whom the application should be made and is there any prescribed format n all ?