Revise return
This query is : Resolved
Deepesh Ashwin Shah
(Querist)
19 January 2015
The date of filing revised return has expired and the error of mistakenly offering higher income has been noticed during scrutiny assessment. Can assessee claim the error before the AO and seek for taxation at the revise lower income during scrutiny assessment? The AO is telling that he does not have the power to reduce the income. Is he right? is there a way out?
19 January 2015
you can apply to cbdt u/s 119(2)b in case if they are satisfied with this and if they allow then can be done.
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