Itr revision last date

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What is last date of revision of ITR so as to claim deduction u/s 80C.

Replies (13)

There is no link of claiming deduction u/s 80C and revision of itr. 

What are you trying to ask? Please clarify

If while filing your ITR for 2014-15 you've forgot to claim investments made by you u/s 80C and you have filed your return in time, you can revise your return within one year from the end of relevant assessment year (Upto 31st Mar'2017) or before the assessment is made, whichever is earlier u/s 139(5).

I agree with vikas absolutely. Thanks vikas to disclose a possibility of linking 80C and revision of itr.

For AY 2012-13 I had forgotten to take L&T infra bonds u/s 80CCF. I submitted the rectification to CPC which in turn was sent to Jurisdiction AO. I met my AO and submitted the application with xerox copy of  allotment letter of bonds. If allowed i might get additional refund of 4k. Let us see what happens.   

I couldnt  revise the return since i filed after due date.

 

Okk. Got your point. Revision of return cannot be done. However when you have already done rectification, you need not do anything else. Just want to ask, whether have you got an acknowledgement of the documents and application submitted?

"What is the meaning of "before the assessment is made", whichever is earlier u/s 139(5)."

ie.

1. 1 year from revelavant AY (.ie. for AY 15-16-31/03/2017_

2.before the assessment is made, whichever is earlier u/s 139(5). -?? (Date)

 



 

Assessment can be done u/s 143(3), 144, 147 etc. Each have different time limits specified.

@ Rinkal

Every Document I submit to AO  is stamped with Ack due.

In my above case i gave to grahak seva kendra in the same building on instructions of AO bcoz the clerk and tax inspector both were on leave..

My details are fed in computer and an acknowledgement sticker is generated.

The ack sticker is pasted on my copy of letter.

Email Id, mobile No and No of pages submitted (incl cov lettr) need to be written.

Since it is a (professional ) ward - pending cases are heavy.

I guess it will be done. The department takes time when the case is trfd to jurisdictional AO. But please do visit him again if the same is not sorted out in about a month or so.

I have gone there 7 times from 3rd Aug for rectification of AY 2008 , AY 2009-10 and AY 2012-13.

The correct wording from CPC is as follows

Your application vide rectification request no xxxx0815 Dated 18-08-2015 for the above
mentioned assessment year cannot be rectified at CPC and hence rejected for the reason/s as provided below.
Your case has been transferred to the Jurisdictional Assessing Officer- PNE/WT/51/2 ,who may be contacted for all subsequent actions against the order passed by CPC.

Related CPC Order Reference Number and Order Date : 17-02-2015

ASSESSEE HAS REQUESTED FOR ALLOWING THE ADDITIONAL CLAIM OF DEDUCTION UNDER CHAPTER VIA, IN THE RECTIFICATION REQUEST HOWEVER, AS SEEN FROM THE RECTIFICATION REQUEST, THE SAME IS IN EXCESS OF THE DEDUCTION CLAIMED IN THE RETURN. ADDITIONAL/FRESH CLAIM OF DEDUCTION, IS NOT ALLOWABLE. U/S.154, AS THE SAME IS NOT A MISTAKE APPARENT FROM RECORD. ANY SUCH CHANGES CAN BE MADE ONLY UNDER THE PROVISIONS OF SEC.139(5), OF THE INCOME TAX ACT. HENCE, THE RECTIFICATION REQUEST CANNOT BE CONSIDERED AT CPC. THE RECTIFICATION RIGHTS, IN YOUR CASE ARE BEING TRANSFERRED TO YOUR JURISDICTIONAL ASSESSING OFFICER. KINDLY CONTACT YOUR ASSESSING OFFICER FOR THE SAME.THE DETAILS OF THE JURISDICTIONAL ASSESSING OFFICER ARE AVAILABLE ON THE WEBSITE

The given post is the one which has been responded by CPC. Have you met theAO and submitted a fresh application. I thought you had submitted a fresh application to jurisdictional AO. And where the assessee had made an application for ammendmentthen in such case the order is processed within 6 months from the end of the month in which order is received, either making the amendment or refusing the claim

Yes of course - I have submitted fresh application with a copy of assessment info u/s 143(1) and a xerox copy of L&T infra Bond allotment letter -where it is clearly written as eligble for dedction u/s  80CCF. I have met AO and she had told  me to submit in Grahak Seva Kendra.

In the above case, wait up to 6 months then contact your AO again. Height of frustrating the applicants. 


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