Rectification of return

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sumit kumar joshi (Querist)
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21 August 2012 sir,
i have a doubt regarding the following case:
if Mr. x filled his return u/s 139(5), but the self assessment tax paid by him has not been entered in the return mistakenly, thus his return shows the tax amount is payable though tax is paid.The person received an intimation u/s 143 (1).So now can he make a rectification u/s 154 for this return ? plz guide for this case.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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22 August 2012 1. Rectification u/s 154 is for mistake apparent from record.

If the assessee has not claimed the self assessment tax in the return, he CANNOT claim the same in the rectifcation application.

2. Since the return was filed u/s 139(5) [revised return], you can revise the return again.

File a revised return u/s 139(5) and claim the self assessment tax.

CA. BHAVIK

CA. BHAVIK (Expert)
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22 August 2012 Yes, you need to file an rectification application u/s. 154 of the act.

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