Showing posts with label Rectification Manual. Show all posts
Showing posts with label Rectification Manual. Show all posts

Thursday, July 11, 2013

Income Tax :- Revised Return can be submitted or not .

Friends,   Revised return can be submitted through both procedures like  on line or off line mode.  Online mode is simple and easy, there are many columns who  filled automatically through system.   Automatically filled system avoid errors in return.   However revised return option can be selected after selection of code 17 -Revised 139 (5) in col. A21 which is also shown in below picture. 


Difference between revised and rectification is that revised return can be submitted before assessment or rectification return can be submitted after assessment.

Requirement of Revised Income Tax Return

  1. To rectify Return Data, like BSR code , Bank account number, income detail, IFSC code etc. 
  2. To Change address in case refundable return. 
  3. To increase or decrease  income which has been forgotten while submitting original return. 
  4. Others

Saturday, August 6, 2011

Dos and Donots Manual by Chairman, CBDT

The chairman of CBDT Sh. Prakash Chandra  has released a manual of Dos & Don'ts during the Video Conference on 29th July, 2011.  It contains 48 pages in PDF format. 

To read Complete Manual (click here)

Tuesday, January 11, 2011

How Many times Rectification Request can be uploaded

Friends,   Only one Rectification request can be submitted at any time.  In case rectification request wrongly uploaded then it can be withdrawn with in 7 days.  Before processing of rectification request at CPC, next rectification request for the same PAN and Assessment Year can not be submitted. 

For more clarity regarding probable reasons and their rectifications are given as under :-

Rectification Manual

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