IT Rectification for tax credit mismatch due to selection of incorrect AY

Share
Share This Thread
  1. Madarapu

    Madarapu New Member

    Dear Experts,


    Sub: IT Rectification for tax credit mismatch due to selection of incorrect AY – Reg.


    While filing ITR, I have wrongly selected the AY as 2012-2013 instead of 2013-2014. Due to which an intimation u/s 143 has been raised on 24-07-2014 due to tax credit mismatch and subsequently intimation under 245 sec has been raised on 31-07-2014.


    As the Rectification rights have been transferred to local Jurisdictional Assessing officer. I have met AO, he said he doesn’t posses the right to change the AY. AO suggested me for appeal to the Commissioner of Income Tax with the Petition U/S 264 of Income Tax Act.


    Kindly let me know how to proceed further.


    Regards,

    Naresh
     
  2. Chandrashekar M

    Chandrashekar M Active Member

    You can file a petition before the commissioner having jurisdiction over the AO, stating the above facts and seek remedy.
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
RECTIFICATION OF 26AS Income Tax Thursday at 10:25 AM
Rectification u/s 154 Income Tax Mar 25, 2017
Rectification request rejected for relief u/s 89 Income Tax Nov 27, 2016
Rectification processed no demand no refund Income Tax Oct 18, 2016
RECTIFICATION OR REVISE Income Tax Aug 5, 2016