banner_ad

Rectification u/s 154 income tax act

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 January 2023 while filing ITR -3, we had taken remuneration of a parnter as other income -mentioend as Remuneration from Firm
but wrongly, it was also mentioned in BP under head -income not credtited in Profit & loss a/c
under head salary
it was mentioned only inner coloum, but portal failed to extent to outer coloum, hence not included in Gross Total Income
now CPC has added this income and has raised demand for AY 2022-23
shall we file rectification u/s 154, what reasons to mention
double time the same income is accounted for AY 2022-23
kindly give your opinion sirs
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
07 January 2023 Yes, file rectification request, correcting the apperent mistake in classifying the income already taxed in firm's account.
Profile Image

Manish

Profile Image

Manish (Expert)
07 January 2023 For reason, mention that you had included single income in multiple income heads. Then write a detailed reply in the second para.
Profile Image

R.KANDASUBRAMANIAN

Profile Image

R.KANDASUBRAMANIAN (Querist)
09 January 2023 thanks sir, thanks for the reply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details