143(1) Order

We have filed the trust's Income Tax for the assessment year 21-22 last years,but now this has been issued 143(1) in that order we are liable to pay tax. Any chances to get the rectification.
please clarify whether we can get rectification or not?.
Replies (5)
Quick Summary
If your trust has received a 143(1) order resulting in a tax liability for assessment year 21-22, you may be able to seek rectification. Errors apparent on the record can be corrected under Section 154 of the Income Tax Act. You generally have four years from the end of the financial year in which the order was passed to file for rectification. The process involves approaching the assessing officer and applying online, potentially with a prescribed fee.

Yes, rectification of any error/mistake apperant on record, can be rectified u/s. 154 of IT act.

For rectification what is the time being from order date?

Assessee can file rectification within 4 years from the end of the financial year in which order sought to be amended was passed.

For details refer::::  rectify-income-tax-return-u-s-154-1-rectification-request

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Yes rectification after approaching the ao and paying pescribed fees and applying online.

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