Rectification u/s 154 in response to Intimation u/s 143(1)

This query is : Resolved

Arun Kumar Ghosh (Querist)
Follow

16 March 2021
I have received Intimation u/s 143(1) from CPC claiming for additional tax payment. The mistake that I made is under TDS schedule of ITR-2. I have wrongly entered TAN detail of a deductor and hence TDS has not been credited resulting in higher income tax. The intimation mentions rectification is to be made u/s 154.

How to file rectification of my mistake u/s 154. Can it be done online?
Shall I have to revise my ITR-2 and save XML for uploading? I do not however find any provision to revise Return ITR-2 u/s 154.
What is the maximum time limit for submission of rectification u/s 154?
Shall be grateful for any advice from Expert

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

17 March 2021 1 yes, 154 rectification can be done online.
2 No need to revise ITR. Login E filing and file rectification under tax credit mismatch. You need to revise only TDS schedule of ITR.
3 Four years is the time limit from the date of intimation.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

nilesh

NITHIN GEORGE

N.VENKATARAMAN

Rajat Khandelwal

PIYUSHBHAIPOPAT

Subscribe Now

Rectification u/s 154 in response to Intimation u/s 143(1)

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Accountant

GST CONSULTANT

Senior Executive

CA Final

GST CONSULTANCY