Demand note u/s 245 due to incorrect income

Kailash (IT) (29 Points)

04 December 2013  

Hi experts,

 

I received a demand note in oct 2013 about FY07-08 ITR. I found that while filing ITR V, i mentioned incorrect income without considering deductions and loss from house property.

is there a way to rectify this mistake. I have Form 16, ITR V and other documents required for correction. please advise.

Regards