sai ram (article trainee) (53 Points)
13 June 2014I got an intimation u/s 143 stating the Tax Credit Mismatch because of wrong TAN number keyed in while filing return of income.
Now what i should do in response to intimation
Whether I should file revised return or i should send a letter to ITO
they gave note that it must be answered with in 30 days but by today that 30 days time is expired, time lapsed because i made delay
Now what will be the consequence and what is the remedy ?
Arpit Pachisia
(CA)
(734 Points)
Replied 13 June 2014
Hello Sai Ram,
I also think tax credit mismatches because of wrong TAN number. Might happen that in TAN last word in alphabetic be O and you have typed it as 0 (Zero). You can bring this fact to there notice and can correct the return.
Regarding time frame of 30 days is not so relevent as you had received intimation only after 30 days, so you can put your case now and you will be allowed some time by ITO for next hearing.
Thanking you
subhash kumar jha
(PROFESSION)
(445 Points)
Replied 13 June 2014
Go for rectification under section 154 and put your correct TAN u will get intimation under section 154 after processing of rectification made under section 154
Yogesh Goel
(Chartered Accountant)
(192 Points)
Replied 13 June 2014
File Rectification, 30 days doesn't matter since Tax is not payable.
Mihir
(Wealth Manager)
(5293 Points)
Replied 14 June 2014
Yes, you may file rectification online u/s 154. You may visit the income tax website and follow the instructions.
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 14 June 2014
Also you may write a latter to your juridictional income tax officer about ractification under section 154 of income tax.
CAclubindia
