Income tax assesment question?

Ankit

File rectification for A.Y.2009-10 u/s. 154. Deparment will cancel the demand for A.Y.2009-10 and issue the refund amount which was adjusted against refund for A.Y.2011-12.

Hi Dushyanth,

First of all thanks for the giving the prompt respone

.you mean i need tofile rectification online u/s 154 or i need to submit the written appllication in the Income tax department.

Now a days many people are getting Arrear of Demand where my friend is fillig the manual letter with the income tax department only.

Regards,

Ankit kumar

Ankit

See It depends on the cases. I think in your case if the department  has processed return and issue 143(1) for A.Y.2009-10  than you have to prefer rectification u/s.154.

If they have only issue letter for arrers demands for A.Y.2009-10 withouth issuing any intimation u/s.143(1) than you should simply write one letter regarding correction of arrear demands wherein you must specifically mentioned that I have not received any intimation alongwith relevant facts of the cases.

In the case of refund , I specifically prefer e-filing by comparing 26AS since CPC process the return more early than IT Depratment when return is filed manually.

So in next time I advise you do this.

Hi,

Thanks for the sugegstion and prompt response.

REgards,

Ankit Kumar