Rectification of mistake u/s. 154 of the income tax act
subramanyam panth sadhu
(Querist) 18 February 2018
This query is : Resolved
Is there any time limit for the "assessee" to make an application for rectification of mistake as Sec. 154 speaks only about the time limit for the Assessing Officer to pass an order except for exceptions U/s. 154(7)? What is the remedy for the assessee in cases falling outside the AO's Power to pass Order within 4 years. What is the right course.
Raj Kumar Makkad
(Expert) 20 February 2018
This is an academic query which need not to be attended.
Dr J C Vashista
(Expert) 21 February 2018
For academic questions seek guidance of your tutor.
subramanyam panth sadhu
(Querist) 21 February 2018
Sir, By the Question on 154 the real issue is to find out alternative remedies like recourse to Sec. 119(2B) or other equitable remedies.
