Rectification for change in total income

Guys, One of our client who is employed in bank has filed his return in ITR-1 for A.Y 11-12 as per Form 16  issued by bank to him on this basis his return is now processed and intimation u/s 143(1) is recieved for refund which is not recieved to him due to error in bank a/c no. Now the Bank has revised Form 16 in which the Total Income figure and Tds figure is changed. on this basis now his Demand/Refund comes to be Nil

My query is can we file a rectification request U/s 154 in the case of Total Income changed or we should file a revised return or both. pls advice.

Replies (3)

In this case the revised return has to be filed because rectification is done of mistake apparent on record not on the amendement or changes in data.

but whether revised return will be accepted because the assessment is completed and intimation u/s 143(1) is recieved. pls reply.

revised return can still be filed because intimation u/s 143(1) is not an assessment under IT act 1961. Intimation u/s 143(1) is summary assessment in which income tax dept. does not verify the details submitted by the assessee. It merely accepts the facts accepted by assessee except any mistake apparent on record nad issues the intimation to assessee.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details