Re: rectification of Form 4 by the assessee

if assessee want to rectify Form 4 as date for filing form 4 is 30 oct…but form 5 has been issued…in such case can the assesee still revise form 4

Please refer CBDT  Circular 21 of 2020 (2020) 429 ITR (St) 001with a view to provide clarification     Q. No 89  Q.  Once declaration is filed by assessee u/s 4 of the Vivad Se Vishwas can the same be revised ? If yes , at what stage of the proceedings will the same be allowed  ? 

 Answer : Yes ,  declaration can be revised any number of times before DA issues a certificate under section 5 (1) of  Vivad Se Vishwas . 

However  we have been informed that under new portal there is no provision for making amendments .

The assessee may have to file rectification application before the Designated Authority  giving the details of tax recovered  from the assessee.

The assessee may have to contact the Designated Authority or may have to  file manually  the revised or rectification of form No 4.    

  

---