Section 44aa


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Querist : Anonymous

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Querist : Anonymous (Querist)
06 July 2012 I have mistakenly filed a income tax return with profit of 250000/- without maintaining books of accounts in income tax return.

Can i rectify it u/s 154

06 July 2012 If you have filed the return on or vefore the due date, you can file a revised return.

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 July 2012 No, return was filed after due date (on31-03-2012 of AY 2011-12.)

In this case what should i do

06 July 2012 You cannot do anything. You cannot file a rectification application u/s 154 since this is NOT a case of mistake apparent from record.

Let the department process the return.

06 July 2012 You can file the rectification application u/s 154 only after receiving the intimation/order from the department.


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