Hi designated members,
We have been already ITR filled of Pvt Ltd. at the audit report filling time our TDS amount shown Rs 32 Lakh(as per 26AS) but after that our TDS amount have been increased of Rs 5.38 lakh (as per 26AS Total TDS amount increase 37.38 Lakh) As per ITR filling TDS refund received as on 31-03-2021. Can we revised our Pvt. Ltd. co. ITR for excess tds refund? Please advice.
Dear Raj C Doshi,
How can file rectification and what is last date of rectification of AY 2020-21?
Time limit to file rectification is 4 years from end of the FY in which the order is passed. You still have time to rectify:
1) Login > eFile > Rectification (enter relevant info)
2) Select: Tax Credit Mismatch correction
Here is the link for more details: https://tax2win.in/guide/rectify-income-tax-return-u-s-154-1-rectification-request
You can now file a revised return before 31.05.2021 as per todays notification.
https://www.indiatvnews.com/business/income-tax-tax-compliance-itr-filing-fy20-deadline-extended-till-may-31-cbdt-latest-news-701799
Thanks for information.
Our ITR processed. Can we do rectification or revision of our ITR of AY 2020-21?
YOU ARE REQUIRED TO REVISE THE RETURN
Please revise your return as rectification is possible only in case of order u/s 143(1) is received.
CAclubindia
