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Query asked by Harshad Shah on February 12, 2021

Re: Error in Form 3 issued by DA under VSV Scheme

I had filed Form 1 under VSV Scheme after giving effect to Rectification order passed by A.O.
However DA.did not consider the same and issued the certificate in Form 3 without considering Rectification order passed by A.o whereby Dept.is showing I.T.liability higher by Rs.98658
What should I do?
Should I apply for Rectification before DA via mail?
Should I pay correct amt.of Tax?

The assessee has to pay the tax in disputed demand after considering the rectification passed by the Assessing Officer .  The  assessee may file rectification application before the designated Authority or may also file revised application  under VSVS . Refer Circular No 9 dt 22 -4 -2020,  Q. No 46 and Ans . The Board  has Clarified that the Designated Authority shall be able to amend his order under section 5 to rectify any apparent errors .    Refer Circular No 9 /2020 dt 22 -4 -2020 ,  Q. No 50 and Ans . It is desirable to make an application for rectification or may also contact the Designated Authority.       

 


 

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