Tax credit mismatch

Tax queries 1514 views 6 replies

I 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 ?

Replies (6)

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

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

File Rectification, 30 days doesn't matter since Tax is not payable. 

Yes, you may file rectification online u/s 154. You may visit the income tax website and follow the instructions.

Also you may write a latter to your juridictional income tax officer about ractification under section 154 of income tax.

yes go for rectification u/s 154.


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