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Trust IT Return

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Tummagunta.Uma Mheswara Rao

uma

40 Points Posted on 25 February 2020

I have received Trust 154 notice

Replies (2)

Quick Summary

This discussion addresses receiving a notice under Section 154 of the Income Tax Act concerning a trust's return. It explains that Section 154 allows for the correction of errors in income tax records or orders made by the Assessing Officer. To resolve this, you should contact your jurisdictional officer and review any previous intimations like the 143(1) notice, clarifying the grounds for rectification.

Shrikant Toshniwal

TAX CONSULTANT

888 Points Posted on 25 February 2020

Dear frd, u have apply for rectification of return(ITR) u/s 154 for ur trust so as u received a rectification order or Notice u/s 154 of IT act. Contact the Jurisdictional officer

Section 154 of the Income Tax Act deals with the correction of any error that may or may not have occured in the income tax records of an individual. It also deals with the rectification of errors in the orders of the Assessing Officer.

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 25 February 2020

You need to give the few more details .

Didn't you receive 143(1) intimation earlier??

Check with 143(1) & 154.

Have you applied for rectification??

What is the ground for rectification?

Check the 154 if it is rectified for your reason