Section 154
SUNAD
(Querist) 10 July 2012
This query is : Resolved
What is the time limit u/s 154 of rectifying the details provided in the income tax return? In our clients case there is no demand by the department in the intimation issued u/s 143 but we have failed to claim the TDS so can the refund be claimed by filing the rectification?
Sankaranarayanan
(Expert) 11 July 2012
The order should be passed with in 6 month.
S Jadhav 98336 98330
(Expert) 11 July 2012
If you have filed your income tax return within the time frame, then you can file a revised return any time. You can claim the refund upto one year from the completion of the assessment year in normal circumstances.
If you have not filed the returns in time, you are not permitted to file a revised return. But you may approach the concerned ITO for your grievance redressal.
