Notice u/s 154 by cpc
mayankagiwal
(Querist) 20 July 2015
This query is : Resolved
Dear Sir,
We have file defective Income Tax Return for A.Y. 2013-14 and CPC Issued Intimation U/s 143 (1) for such ITR Proceed and issue a demand of Rs 33 lacs by disallowing other expenses claimed in itr by mentioning that Details of Other Expenses not given correctly.Further CPC issue Notice U/s 154 and time for revision is time barred now how to resolve the issue pls suggest.
Suhail A.Siddiqui
(Expert) 21 July 2015
PL. Consult a Lawyer.
It is not a matter of section 154 of I.T. Act, 1961. Now demand arises and 154 is time barred, U may go for appeal with condonation of delay. Although, It required complete case study before reply your quarry.
krishna mohan
(Expert) 29 September 2015
If you have filed IT return based on the advise of CA better consult them as they can guide you better. If you have filed on your own, consult CA or practicing lawyer on Income Tax matter to guide you better after perusal of all documents.