Enquire Now!

welcome to

Good Day, We're Income Tax Online is an initiative managed by experienced tax consultants to cater the need of small and medium enterprises, Individuals and other assessee's, those do not afford to avail the services of highly priced tax consultants to look after their income tax issues. It is a highly subsidized service platform which provides income tax consultancy at a very low price to the really needy people.

Rectification of Mistake under section 154 of the Income tax Act,1961

Sometimes there may be a mistake in any order passed by the Income tax Officer or there may be a mistake in the documents / return filed by the person as a result of which the Intimation / order also comes out to be erroneous. In such a situation, mistake which is apparent from the record can be rectified under section 154 of the Income tax Act, 1961. There are two possibilities i.e. The income-tax authority can rectify the mistake on its own motion or the person / taxpayer can intimate the mistake to the income-tax authority by making an application to rectify the mistake. The taxpayer can also file an online application for rectification of mistake at e-filing portal of CPC (www.incometaxindiaefiling.gov.in)

With a view to rectifying any mistake apparent from the record, an income-tax authority may amend any order / intimation passed under any provisions of the Income-tax Act, 1961. However, Before filing application for rectification of mistake one should confirm that the mistake is one which is clear from the records and it is not a mistake which requires debate, elaboration, investigation, etc.

Frequently Asked Questions

Rectification under Section 154 allows correction of mistakes apparent from the record in any order or intimation issued by the Income Tax Department.

Clerical or apparent mistakes such as calculation errors, wrong tax credit, or incorrect data entry can be corrected. Debatable issues cannot be rectified.

Both the taxpayer and the Income Tax Department can initiate rectification proceedings under this section.

You can submit a rectification application through the Income Tax e-Filing portal by selecting the rectification option after login.

Rectification must generally be made within four years from the end of the financial year in which the order was passed.
Copyright © 2022 : incometaxonline.org