Section 154

What is the time limit for making application by Assessee
under section
154?
Replies (6)
within 4 year from end of year in which intimation u/s 143(1) recived
No amendment under this section 154 shall be made after the expiry of four years from the end of the financial year in which the order sought to be amended was passed.
sir when this amended come??
@ pl refer section 154
@ Pravin Sec 155 is also.pertinent.
referring to the query.

hello everyone,

 

Section 154 of the Income Tax Act. In some cases, it may so happen that an order containing mistakes is passed by the assessing officer. Section 154 provides an opportunity for the assessing officer to rectify any mistake or error that was done by him. It allows the officer to correct mistakes done by him.

 

thanks and regards

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