SADHU SUBRAMANYAM PANTH (CHARTERED ACCOUNTANT) (59 Points)
01 July 2019What is the time limit for the AO to pass an Order U/s. 154, where no intimation is received U/s. 143(1) and deemed intimations is not applicable as the assessee claimed refund. In case AO cannot pass order u/s. 154 is remedy available U/s. 119(2)(b)?
CA Navya Tejas
(Chartered Accountant)
(132 Points)
Replied 01 July 2019
Rectification of an order can be made only within 4 years from the end of financial year in which the order sought to be amended is passed.
Whether the intimation is received or not received, the above rule is applicable.
As per section 119(2)(b), if the claim is pertaining to deduction, relief or refund of an assessee, the return can be filed.
Section 119(2)(b) recourse can be taken in the above case as the claim is related to refund.
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