Wrong Business Income Mentioned in return due to Software
This query is : Resolved
31 July 2009
This is in respect to the return of my client filed for ay 2007-08.The return was filed in november.In the return, business income is mentioned as Rs. 169704/-.Whereas THE BUSINESS INCOME was nil.In the ACKNOWLEDGEMENT the total income is mentioned properly(ie. Business income is mentioned properly).This mistake was caused due to the genuine mistake of the SOFTWARE.Hence I had written a letter to the income tax officer mentioning about this mistake.But he is not accepting the same and asked us to pay the money immediately...So please kindly help me out to find a solution...Shall I go for an APPEAL?
Thanks In Advance.
Thanks In Advance.
01 August 2009
Hi,
There is no alternative. If the demand is created by the A.O. then you have to prefer an appeal before the CIT ( appeals ). There will be no meaning in writing letter to the ITO.
There is no alternative. If the demand is created by the A.O. then you have to prefer an appeal before the CIT ( appeals ). There will be no meaning in writing letter to the ITO.
01 August 2009
Hi,
There is no alternative. If the demand is created by the A.O. then you have to prefer an appeal before the CIT ( appeals ). There will be no meaning in writing letter to the ITO.
There is no alternative. If the demand is created by the A.O. then you have to prefer an appeal before the CIT ( appeals ). There will be no meaning in writing letter to the ITO.
01 August 2009
Thank You very much....
03 August 2009
Amended provision of the summary assessment even empowered ITO to rectify the clarical mistakes in return and also to rectify calculation mistake. It depends on the facts that under which section file has been proccessed. Appeal is the ultimate recourse with you, even other remedies are also there.
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