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Once you file an income tax return the Income Tax Department processes the return and sends an intimation. The intimation contains details of the return submitted by you and the numbers that the department has.
If there is a mismatch i.e. a demand or higher refund than what you had claimed in the return you can do the following –
A rectification request under section 154(1) is allowed by the Income Tax Department for correcting mistakes when there is an apparent mistake in your Income Tax Return.
The following errors can be taken care of by filing a rectification –
Here are some examples of these errors are –
Do not use rectification request for changing bank account or address details of your Income Tax Return.
A rectification request can be filed only for returns which are already processed in CPC, Bangalore. If on rectifying a ‘mistake’ there is a change in Income – a rectification should not be filed. In this case, a Revised Income Tax Return should be filed. No new deductions or exemptions are allowed to be claimed.
A rectification can be filed by you or an Income Tax Authority can on its own rectify a mistake which is apparent.
If the Income Tax Return was filed online then an online rectification has to be filed.
Here is a step by step guide on how to file a rectification request under section 154(1) –
Step 1 – Login to Income Tax Website
Step 2 – Go to ‘e-File’. In the drop-down select ‘Rectification’.
Step 3 – Select the ‘Order/Intimation to be rectified’ as ‘Income Tax’ and the relevant assessment year for which rectification is to be filed.
Click on ‘Continue’.
Step 4 – Select the ‘Request Type’ based on the reason for filing rectification.
Here is what you need to do after selecting the reason –
You can select a maximum of 4 reasons.
Select the reason for seeking rectification and the Schedules in the return being changed. Next, you need to upload XML.
Step 5 – On successful submission, a Reference number is generated and sent for processing to CPC, Bangalore.
After processing the Rectification Request, the rectification order under Section 154 will be issued.