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154 rectification urgent
Either p&l entries comes under scope of 154 , a mistake by oversight in p&l can be corrected non audited case. Huge demand raised due P&L entries u/s 143(1). AO reject 154 application stating time limit and out of prejudice of section 154.
Replies (4)
If time has passed to file 154 then revised your return if you have filled return on time. And I think we can upload new XML in case of rectification of return if there any mistakes in financial statements
A.y. 2012-13 cant file revised itr now
What was p&l entry under 143(1) for that you filed 154 rectification ? Can you elaborate ?
What are your p and l entries?
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