Answers On Topic: rectification application u/s 154
The assessee filed application for seeking rectification on the order passed by the AO, rejected for the reason return not filed. Can it be appealed before the CIT...
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My father is an ex- service man, when he retired he received gratuity amount( tax free for govt employees) and he invested it in mutual fund, he also received pension only for 5-6 months, total tax payable as calculated by CA is zero. Due to health issues he could not file the ITR for that year. Now a tax demand notice ( huge sum) has come along with penalty proceedings. Only came to know after my father got call from IT department. How to solve this issue. Earlier also notices were issued but we were not aware as registered email…
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Return not filed, orders passed by the AO, the assessee filed application for seeking rectification was rejected by the AO,