Time limit for applying the rectification under section 154.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 August 2014
Hi all,
I received a notice under section 245, adjusting the refund against the tax demand of previous Assessment Years. There is mistake in it and I need to send a request for rectification under section 154, please tell me the time limit to apply for rectification for notice under section 245.
Thank you
I received a notice under section 245, adjusting the refund against the tax demand of previous Assessment Years. There is mistake in it and I need to send a request for rectification under section 154, please tell me the time limit to apply for rectification for notice under section 245.
Thank you
30 August 2014
Rectification application u/s 154 can be filed within 4 years from the end of the financial year in which the order sought to be rectified was passed.
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 August 2014
Thank you sir for your quick response.
But I require time limit for rectification application u/s 154 for the notice under section 245.
Or is there any different time limit for notice under section 143(1) and notice under section 245.?
But I require time limit for rectification application u/s 154 for the notice under section 245.
Or is there any different time limit for notice under section 143(1) and notice under section 245.?
30 August 2014
If you file an application u/s 154 then the time limit is 4 years irrespective of the order against which the application is filed
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