Re: Error in Form 1
While filing form 1 there has been an error of reporting refund claim reduced in Assesment in Part E(ii) instead of part E(iv).
Form 3 has been issued stating such refund as MISTMATCH. So instead of refund as per Form 1 there is tax payable in Form 3. How can we resolve this. Who has the power.
Designated Authority has the power to rectify , you may make an application . Please refer CBDT Circular No .21/2020 dt.4 -12-2020 , Q. 89 and answer given by CBDT . Ans. Yes , declaration can be revised any number of times before DA issues a certificate under section 5(1)) of Vivad se Vishwas. In case the Designated Authority refusing to rectify the mistake apparent, the assessee may file writ before High Court .
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