banner_ad

Sec 154 of income tax

ITR 794 views 1 replies

Greetings to everyone 

 

I have failed to claim tds worth Rs 40,000 in my return. I could have revised the return .But i discovered the folly after 2 year as a result i cannot revise the return. Can i move application under sec 154 of the income tax act. kindly guide,. Actually my accountant is absconding that is why. My second question is that can i set off tax dues of one year against refund of another. Pls reply

Replies (1)

you can apply for rectification within 4 years from the end of relevant Assessment Year. no You cannot set of tax dues of one year against refund of another.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details