Rectification u/s 154
This query is : Resolved
29 May 2012
Advance tax deposited of Rs 100000/- (two challans of 50000/- each) for the AY 2005-06.
No intimation u/s 143(1) is received till now. On inquiring from the department only Tax credit of Rs 50000/- is given insted of Rs One lac and demand of rs 45369/- is outstanding.
Time of rectification u/s 154 is lapsed (as told by I.taxdepartment). Pls suggest any method to claim The credit of balance Rs 50000/-and cancellation of demand.
No intimation u/s 143(1) is received till now. On inquiring from the department only Tax credit of Rs 50000/- is given insted of Rs One lac and demand of rs 45369/- is outstanding.
Time of rectification u/s 154 is lapsed (as told by I.taxdepartment). Pls suggest any method to claim The credit of balance Rs 50000/-and cancellation of demand.
29 May 2012
The time limit will be counted from the date on which you receive the demand order or intimation u/s 143(1).
When you receive the same, file a rectification application.
When you receive the same, file a rectification application.
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