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CHANGE IN TOTAL INCOME- RECTIFICATION U/ S 154

Others 262 views 3 replies
Dear sir/ madam
While filing ITR for the FY 2017-18 my client claimed depreciation on computers @ 60% instead of 40% .
He selected wrong code for the nature of budiness(power sector) actually they are doing towers construction work.
Hence the CPC has rejected demand and added back to total income.
Now I am trying to file RECTIFICATION U/s 154 the gross total income has increased by Rs. 11,779 ,but it's showing error and indicates total income should not change.


can we file rectification u/s 154 by increasing the total income?
if yes what's the point we have to select?
thank you
Replies (3)
Revised return under 154 cannot be filed if it:
1) It changes Income
2) To Claim Chalter VI deduction
You have to talk to your regional Tax dept officer, only he can help you.
Better option is to file a return under sec 264 as it a case of bonafied mistake apparent from the record.
Mr. Naidu



1. clarify these have u received a notice where the AO has denied to accept your return.
It can be a notice u/sec 143 or notice u/sec 154.
Then either you can respond to the notice.
But as per your query you hv not mentioned about the notice.
Agree with Ayush


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