19 December 2013
Assessee has excluded the certain income from A.Y.2006-07 and offered to tax in A.Y.2007-08 AND 2008-09 and paid the tax.For A.Y.2006-07 same addition have been made by him in assessment proceeding u/s 143(3) and appeal filed by Assessee which was also confirmed by appleate authority. now assessee has paid double tax on same income. How can assessee get credit/refund of tax paid in next A.Y. Whether he file revised return or rectification u/s 154????
19 December 2013
Revised return cannot be filed as time limit to filr revise return is over u/s 139(5), and u/s 154 also the time limit is over as only 4 years from rel Ay is allowed to file rectifcation request.
19 December 2013
But Order passed by ITAT On 17-2-2012 for A.Y.2006-07, Assessee want to rectify assessment of A.Y.2007-08 and 2008-09 due to double tax paid on same income....
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