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Revised return or rectification?

ITR Filing 470 views 2 replies

Prasanna

practice

177 Points Posted on 21 January 2014

I had e-filed ITR-1 before due date. However interest income on which was TDS was deducted was unintentionally ommitted from the ITR-1. Now I have received intimation u/s 143(1) in which demand is raised which was on account of credit not given of TDS deducted from salary.

Can i file revised return after receipt of notice u/s 143(1) and include interest income and TDS deducted thereon and then make application for rectification?

I need to make an application for rectification u/s 154 for allowing the tax credit of TDS deducted from salary?

Replies (2)

CA CS Roshan Begrajka

Chartered Accountants

267 Points Posted on 21 January 2014

you make an application for rectification u/s 154 bcz your assessment had completed.

JEEWAN SINGH

CONSULTANT

21 Points Posted on 06 February 2014

Income Tax Payee gets intimation under section 143(1) of Income Tax Act 1961. Thereafter he gets information about rectification of that intimation under section 154 of IT Acts. The Tax Payee gets rectification under section 154.
Now please intimate whether there is provision to get another notice under section 143(1) based on that latest rectification order under section 154?
Whether Tax Payee can get the revised / modified order under section 143(1) through CPC/ E-filing website of Income Tax Department then?