Section 44aa

This query is : Resolved

Querist : Anonymous

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

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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06 July 2012 If you have filed the return on or vefore the due date, you can file a revised return.

Querist : Anonymous

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

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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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.

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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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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