U/s 154


This query is : Resolved 

28 June 2012 DEAR SIR,
ORDER PASSED BY A.O U/S 143 (1), DEMAND RAISED BY DEPTT. I RECTIFY U/S 154, AFTER THAT I REALIZED THAT SOME MISTAKE WAS ALSO IN THEIR. CAN I RECTIFY AGAIN U/S 154 AFTER ORDER PASSED BY A.O. AGAINST U/S 154 - PLS. GUIDE ME IF ANSWER IS NO THEN WHAT ARE THE SOLUTION BEFORE ME FOR RECTIFY THE MISTAKE.
THANKS IN ADVANCE

29 June 2012 As per Sec 154 of the Income Tax Act 1961, AO can amend the Order passe by it under the provision of the act or intimation or deemed intimation under 143(1). Here in the given case you have got rectified previous intimation. Now rectified intimation or order is a fresh intimation or order therefore further rectification u/s 154 can be moved subject to the time limite prescribed u/s 154.

30 June 2012 Yes You can rectify the origial order passed u/s 154(1) within 4 years from the date of first recificatory order.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details