Rectification u/s 154 - time lapsed

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2015 Hi,

Assessee a salaried employee had an outstanding tax demand for the AY 2009-10. He was unaware of this fact, since he did not receive the intimation u/s 143(1). But as per department records, the intimation u/s 143(1) was sent in the year December, 2010.
The demand came to light in the year 2015, when the CPC sent a notice u/s 245 for adjustment of refund due of the year 2014-15 towards outstanding demand.

There is no dispute on the taxable income and it is clearly a mistake apparent from record by the department. Further, the time limit for filing the application u/s 154 has also lapsed.

In light of above, can the assessee file application u/s 154 stating that he did not receive the order?

If it is not possible, then what are the options practically available to the assessee?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

23 June 2015 approach the AO for condonation in delay. that is the only option.

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

SHYAM SUNDER GULATI

Shubham Jain

Aakash Kumar

Tia Blair

yadagiri

Subscribe Now

Rectification u/s 154 - time lapsed

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Article Assistant

GST CONSULTANCY

CA Final

GST CONSULTANT

Accountant