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Rectification of errors

Others 320 views 6 replies
How to rectify errors in depreciation calculation and closing wdv in ITR 3 and Form 3CD of last year?
Replies (6)
Any rectification will fall under prior period adjustments. Your tax auditor will take care of Form 3CD and ITR3.
Nishant prior period adjustments are related to financial statement information
rectification request can be raised after logging into efiling website from your dashboard.
@ Nishant
Have you got Assessment Order for AY 2018-2019 ? You have not mentioned it.

Note that you have uploaded audited accounts alongwith tax audit report in Form 3CD in last year.

Changes in last year have many more repercussions. And it's not possible .aaaaa

The only way to regularise is to re-calculate depreciation in FY 2018-2019 duly approved by tax auditor. As per my above reply.

Sabyasachi what rectification request ? What is to be rectified ? The whole BS and P&L and 3CD ? How's it possible ? it's amazing ???
The errors are in signed and uploaded balance sheet and 3CD.
I found these errors while doing tax audit of current assessment year. So what should I do now.
@ Nishant
Forget about last year and give corrective effect in current year . Refer again my earlier reply.
@ nishant
depreciation though charged against profit and loss account but is an inflow.
The net adjustments can be made in this year.
If you want to file a revised return this may hv some serious consequences on the profit and loss account.
have u filed your returns to ROC( REGISTRAR OF COMPANIES).


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