{"id":186,"date":"2015-07-11T07:01:36","date_gmt":"2015-07-11T07:01:36","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=186"},"modified":"2026-03-22T12:26:32","modified_gmt":"2026-03-22T12:26:32","slug":"summary-tax-filling-assessments","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/","title":{"rendered":"Summary About Income-Tax Filling &#038; Assessments"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69decd036105f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69decd036105f\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Summary_about_Income-Tax_Assessments_Procedures_Appeals_and_Revision\" title=\"Summary about Income-Tax Assessments Procedures, Appeals and Revision\">Summary about Income-Tax Assessments Procedures, Appeals and Revision<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Filing_Of_Returns\" title=\"Filing Of Returns:- \">Filing Of Returns:- <\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Self_Assessment_Tax_Section_140a\" title=\"Self Assessment Tax [Section 140a]\">Self Assessment Tax [Section 140a]<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Summary_Assessment_Sec_1431\" title=\"Summary Assessment [Sec. 143(1)]:-\u00a0\">Summary Assessment [Sec. 143(1)]:-\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Rectification_Of_Mistakes_Section_154\" title=\"Rectification Of Mistakes\u00a0[Section 154]:-\">Rectification Of Mistakes\u00a0[Section 154]:-<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Appeals_To_CommissionerAppeals_Section_246a_To_249\" title=\"Appeals To Commissioner(Appeals) [Section 246a To 249]:-\">Appeals To Commissioner(Appeals) [Section 246a To 249]:-<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/summary-tax-filling-assessments\/#Time_For_Filing_Return_Of_Income_Sec_139_1_Different_Situations_Due_Date_for_filing_Return\" title=\"Time For Filing Return Of Income [Sec. 139 (1)] Different Situations Due Date for filing Return:\u00a0\">Time For Filing Return Of Income [Sec. 139 (1)] Different Situations Due Date for filing Return:\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Summary_about_Income-Tax_Assessments_Procedures_Appeals_and_Revision\"><\/span><strong><span style=\"text-decoration: underline;\"><span style=\"color: #0000ff; text-decoration: underline;\">Summary about Income<\/span><span style=\"color: #0000ff; text-decoration: underline;\">-Tax Assessments Procedures, Appeals and Revision<\/span><\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Filing_Of_Returns\"><\/span><span style=\"color: #000080;\"><strong>Filing Of Returns<\/strong>:- <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"padding-left: 40px;\">Steps Compute\u00a0income for each Source of Income\u00a0\u00a0Aggregate\u00a0the income from various sources under the respective Heads of Income\u00a0\u00a0Arrive\u00a0at the Gross Total Income\u00a0Claim\u00a0the Deductions available\u00a0\u00a0Arrive\u00a0at the Total Income.<\/p>\n<p style=\"padding-left: 40px;\">Steps \u00a0Compute\u00a0\u00a0Reduce\u00a0\u00a0Add\u00a0the Tax payable on the Total Income the Rebates, if any from the tax payable Surcharge as applicable to the tax\u00a0\u00a0Add\u00a0the Education Cess to the figure of tax plus surcharge\u00a0\u00a0Arrive\u00a0at the Gross Tax Liability.<\/p>\n<ul style=\"text-align: justify;\">\n<li>Steps From the Gross Tax payable, reduce the TDS Arrive at the Net Tax Payable or the Refund due as the case may be If the net tax payable is equal to or more than Rs. 10,000 then Advance Tax is payable Advance tax is payable in 3 installments (4 in case of companies) during the previous year itself.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>Steps If there is a shortfall in payment of advance tax then calculate Interest u\/s. 234B and\/or 234C If the return is filed late then calculate Interest u\/s. 234A From the net tax payable, reduce the Advance Tax\u00a0\u00a0Add the Interest to the balance amount to arrive at the Self Assessment Tax Payable \/ Net Refund Due.<\/li>\n<li>Steps Pay the Self Assessment Tax File the Return physically or upload the return electronically.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Advance Tax [Section 211]<\/strong>\u00a0:-\u00a0Advance tax is payable in 3 Installments (4 in case of Companies)\u2014\u00a0Payable on 15th June\u00a0\u00a015th September\u00a0\u00a015th December\u00a0\u00a015th March\u2014\u00a0and Where first installment of\u00a015th June\u00a0is payable only if the assessee is a company.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Self_Assessment_Tax_Section_140a\"><\/span><span style=\"color: #000080;\"><strong>Self Assessment Tax [Section 140a]<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"padding-left: 40px;\">\u00a0:-When on computation of income for the year for the purpose of filing the return of income it is found that some tax remains payable even after adjustment of advance tax along with deducted\/collected at source, such balance tax along with interest thereon is required to be paid as self-assessment tax before filing the returns of income.\u00a0\u00a0From A.Y 2013-14, any return uploaded without paying\u00a0the Self-assessment tax would not be accepted by the Income-tax department and considered defective.<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Return Of Income [Section 139]:-<\/strong>\u00a0Normal Return\u00a0Belated Return\u00a0\u00a0Revised Return\u00a0Loss Return\u00a0\u00a0Defective Return.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Normal Return\u00a0:-<\/strong>Who\u00a0is required to file return of income\u00a0\u2014\u00a0Company or a firm \u2013 mandatory requirement\u00a0\u2014\u00a0Others \u2013 total income exceeds basic threshold limit (i.e. INR 2,00,000 for A.Y. 2013-14)\u2014\u00a0Any person who is otherwise not required to furnish return of income will be required to file a return if he has any asset located outside India or has signing authority in any account located outside India.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Belated Return\u00a0:-\u00a0<\/strong>Any\u00a0person who has not furnished a return within the time allowed u\/s 139(1) or\u00a0\u00a0Within the time allowed under a notice issued u\/s\u2014\u00a0142(1), but filed before the end of one year from the relevant assessment year or the completion of the assessment, whichever is earlier.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Revised Return:-\u00a0<\/strong>Can be filed if the assessee discovers an omission or wrong statement\u00a0\u00a0Replaces the original return\u00a0\u00a0Can be filed before the end of one year from the\u00a0relevant assessment year or the completion of the assessment, whichever is earlier\u00a0\u00a0Can be revised further\u00a0\u00a0Belated return cannot be revised.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Loss Return:-\u00a0<\/strong>\u00a0Return must be filed within the prescribed time limits\u00a0\u00a0If not filed, no carry forward of loss, however carry forward of loss under House property head, unabsorbed depreciation &amp; unabsorbed family planning expenses are permissible<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Defective\u00a0Return:-<\/strong>\u00a0Incomplete\u00a0return\u00a0Assessee may be given an opportunity to rectify the defect\u00a0\u00a0If the defect not rectified, the return treated as\u00a0invalid.\u00a0\u00a0Return defective if:\u00a0\u00a0columns of return not filled or annexure not\u2014\u00a0attached;\u00a0\u00a0computation of income tax not attached;\u2014\u00a0\u00a0proof of tax deposited is not produced within the\u2014\u00a0period of two years,\u00a0\u00a0Non furnishing of tax audit report; etc\u2014\u00a0Self-assessment tax is not paid (from A.Y 201314).<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Return Is Filed \u2013 What Next?\u00a0<\/strong>\u00a0Either a summary assessment (Section 143(1)) and\/or\u00a0\u00a0A regular (scrutiny) assessment (Section 143(3)).<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Summary_Assessment_Sec_1431\"><\/span><span style=\"color: #000080;\"><strong>Summary Assessment [Sec. 143(1)]:-\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"padding-left: 40px;\">To be issued only if there is a demand or a refund due.\u00a0\u00a0If no demand\/refund then Acknowledgement is deemed to be the intimation\u00a0\u00a0Time limit \u2013 the end of one year from the relevant assessment year or the completion of the assessment, whichever is earlier .There will be no processing of the returns where assessees are selected for\u00a0Scrutiny.<\/p>\n<p><span style=\"color: #000080;\"><strong>State And U.T. Wise Break-Up of Direct Tax Collections<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8057\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/State-And-U.T.-Wise-Break-Up-of-Direct-Tax-Collections-Pic-1.jpg\" alt=\"State And U.T. Wise Break-Up of Direct Tax Collections\" width=\"1033\" height=\"2349\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/State-And-U.T.-Wise-Break-Up-of-Direct-Tax-Collections-Pic-1.jpg 563w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/State-And-U.T.-Wise-Break-Up-of-Direct-Tax-Collections-Pic-1-132x300.jpg 132w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/State-And-U.T.-Wise-Break-Up-of-Direct-Tax-Collections-Pic-1-450x1024.jpg 450w\" sizes=\"(max-width: 1033px) 100vw, 1033px\" \/><\/p>\n<p><span style=\"color: #000080;\"><strong>Pre-Assessment and Post-Assessment Tax Collections<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8056\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Pre-Assessment-and-Post-Assessment-Tax-Collections-Pic-2.jpg\" alt=\"Pre-Assessment and Post-Assessment Tax Collections\" width=\"905\" height=\"1280\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Pre-Assessment-and-Post-Assessment-Tax-Collections-Pic-2.jpg 905w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Pre-Assessment-and-Post-Assessment-Tax-Collections-Pic-2-212x300.jpg 212w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Pre-Assessment-and-Post-Assessment-Tax-Collections-Pic-2-724x1024.jpg 724w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Pre-Assessment-and-Post-Assessment-Tax-Collections-Pic-2-768x1086.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Pre-Assessment-and-Post-Assessment-Tax-Collections-Pic-2-800x1131.jpg 800w\" sizes=\"(max-width: 905px) 100vw, 905px\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Scrutiny Assessement [Sec. 143 (2)\/(3)]:-\u00a0<\/strong>\u00a0Time limit for issuing notice Time limit for completing the scrutiny Type of questions that are being asked.<\/li>\n<li>Processing of returns of income validly filed electronically with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6773\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/143.jpg\" alt=\"refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases.\" width=\"875\" height=\"1399\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/143.jpg 740w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/143-188x300.jpg 188w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/143-641x1024.jpg 641w\" sizes=\"(max-width: 875px) 100vw, 875px\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Refunds [Section 237]:-<\/strong>\u00a0A claim for refund shall be claimed in Form No. 30\u00a0Adjustment of refund against demand for another year (Section 245).<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Interest [Section 234a 234d]:-<\/strong>TO SECTION\u00a0\u00e0\u00a0For Defaults in furnishing return of income [SECTION 234A]\u00a0\u00e0\u00a0For Failure to Deduct and pay tax at source [SECTION 201(1A)]\u00a0\u00e0\u00a0Interest for Default in payment of Advance Tax [SECTION 234B].<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Interest [Section 234a 234d]:-<\/strong>\u00a0A\u00a0To Section\u00a0For Deferment of Advance Tax [SECTION 234C] Corporate Assessee [SECTION 234C(1)(a)] Non Corporate Assessee [SECTION 234C(1)(c)]\u00a0\u00e0Short payment of Advance Tax in case of Capital Gains\/Casual Income [First Proviso to SECTION 234C(1)].<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Interest [Section 234a 234d]:-<\/strong>\u00a0\u00a0Interest \u00e0\u00a0TO SECTION on Excess Refund [SECTION 234D]\u00a0For \u00e0\u00a0Making Late Payment of Income tax [SECTION 220(2)]\u00a0\u00a0Interest \u00e0\u00a0Payable to Assessee [SECTION 244A].<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6217\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Assessment-Under-Income-tax-.jpg\" alt=\"Income tax Assessment summary \" width=\"1025\" height=\"891\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Assessment-Under-Income-tax-.jpg 1025w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Assessment-Under-Income-tax--300x261.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Assessment-Under-Income-tax--768x668.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/Assessment-Under-Income-tax--800x695.jpg 800w\" sizes=\"(max-width: 1025px) 100vw, 1025px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Rectification_Of_Mistakes_Section_154\"><\/span><span style=\"color: #000080;\"><strong>Rectification Of Mistakes\u00a0[Section 154]:-<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify; padding-left: 40px;\">Rectification of Mistakes\u00a0an income-tax authority may with a view to rectifying any mistake apparent from the record:\u00a0\u00a0amend any order passed by it-amend any intimation or deemed intimation under-\u00a0section 143(1) and section 200A. Rectification may also be made on application by the assessee\u00a0Orders cannot be rectified after expiry of 4 years from the\u00a0end of the financial year in which order sought to be amended was passed\u00a0On rectification plea by assessee \u2013 Amendment \/ refusal\u00a0order to be passed within 6 months from the end of the month in which the application is received by the income tax authority.<\/p>\n<p><span style=\"color: #000080;\"><strong>INCOME TAX PORTAL UPDATE<\/strong><\/span><\/p>\n<ul>\n<li>You can now file a rectification application u\/s 154 directly with the AO for their assessment orders!\u00a0A game-changer for taxpayers\u2014no more manual filings or grievance routes.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8332\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/photo_2025-01-01_07-56-37.jpg\" alt=\"INCOME TAX PORTAL UPDATE You can now file a rectification application u\/s 154 directly with the AO for their assessment orders! \ud83d\ude4c A game-changer for taxpayers\u2014no more manual filings or grievance routes. \" width=\"727\" height=\"375\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/photo_2025-01-01_07-56-37.jpg 628w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/photo_2025-01-01_07-56-37-300x155.jpg 300w\" sizes=\"(max-width: 727px) 100vw, 727px\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Rectification Of Mistakes:-\u00a0\u00a0<\/strong>Mistake\u00a0\u00a0Obvious and patent-\u00a0\u00a0Self evident and reached without debate-\u00a0\u00a0Fresh determination of facts should not be required-\u00a0\u00a0Misreading of a clear provision of law\/ applying an-\u00a0inapplicable provision\/ overlooking mandatory provision\u00a0\u00a0Statutory interpretation should not be involved-\u00a0\u00a0Record\u00a0\u00a0Includes all materials\/ documents available at the time-\u00a0of passing the order of assessment\u00a0\u00a0Fresh documents\/ materials not recorded at the time of-\u00a0passing the order cannot be considered\u00a0\u00a0Record of any period can be considered.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Rectification Of Mistakes:-\u00a0<\/strong>\u00a0Examples\u00a0of mistakes apparent from record which can be rectified\u00a0\u2014Error of law or fact\u00a0\u2014\u00a0Clerical or arithmetical error\u00a0\u2014\u00a0Error in determination of written down value\u00a0\u2014Overlooking the obligatory provisions of the legislature\u00a0\u2014\u00a0Mistakes arising out of retrospective amendment of law.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Revision Of Orders By Commissioner\u00a0[Section 263 &amp; 264]:-<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\">Revision Of Orders By Commissioner\u00a0U\/S 263\u00a0\u00a0Pre-requisites\u00a0\u2014\u00a0Erroneous order Record shall include and shall be deemed always to have included all records available at the time of examination by the Commissioner Revised order should be passed before the expiry of 2 years from the end of the financial year in which order sought to be revised was passed Opportunity of being heard should be given to the assessee before passing an order under section 263 Powers of Commissioner \u2013 Enhance, modify or cancel the assessment and direct a fresh assessment Appeal can be filed to the Appellate Tribunal against the order under section 263\u00a0\u2014Prejudicial to interests of Revenue.<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Revision Of Orders By Commission U\/S 264\u00a0:-<\/strong>\u00a0Revision of orders, on own motion of Commissioner or on application by the assessee Revision of order on own motion by the Commissioner, to be passed within one year from date of order sought to be revised Application by assessee should be made within 1 year from date on which the order in question was communicated or date on which assessee came to know of order, whichever is earlier Order to be passed within 1 year from end of financial year in which application is made by assessee for revision Pre-requisite \u2013 Assessee to waive right of appeal Where appeal against the order has been filed \u2013 no revision possible<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Appeals_To_CommissionerAppeals_Section_246a_To_249\"><\/span><span style=\"color: #000080;\"><strong>Appeals To Commissioner(Appeals) [Section 246a To 249]:-<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-10265\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/I-tax-apeal-.jpeg\" alt=\"Appeals To Commissioner(Appeals)\" width=\"1135\" height=\"1678\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/I-tax-apeal-.jpeg 903w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/I-tax-apeal--203x300.jpeg 203w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/I-tax-apeal--693x1024.jpeg 693w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/I-tax-apeal--768x1135.jpeg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2015\/07\/I-tax-apeal--800x1183.jpeg 800w\" sizes=\"(max-width: 1135px) 100vw, 1135px\" \/><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\">Appeals To Commissioners (Appeals)\u00a0Appealable orders (Illustrative):\u00a0\u00a0Scrutiny assessment order\u2014Best Judgment assessment order\u2014\u00a0\u00a0Reassessment order\u2014\u00a0\u00a0Rectification order enhancing assessee\u2019s liability\u2014Appeal against intimation passed under section 200A\u2014\u00a0\u00a0Tonnage tax order\u2014\u00a0Appeal to CIT(A) within 30 days of\u00a0\u00a0Date of payment of tax, where appeal is in respect of TDS\u2014under section 195\u00a0\u00a0Date of service of notice of demand relating to assessment or\u2014\u00a0penalty\u00a0\u00a0Date on which intimation of order sought to be appealed against\u2014is served.<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Appeals To Commissioners (Appeals):-<\/strong>\u00a0\u00a0Time extended if sufficient cause proven Appeal to be filed in prescribed form and manner CIT(A) fixes a day and place for hearing the appeal, and notice of the same is given to the appellant and the assessing officer whose order is being appealed against\u00a0During the course of the hearing, CIT(A) may entertain additional ground\/evidence raised by the appellant in seeking modification of the assessment order passed by the assessing officer\u00a0\u00a0CIT(A)\u2019s order disposing of the appeal is in writing and states decision and reasons supporting the same\u00a0\u00a0CIT(A) has powers to confirm, reduce, enhance or annul the assessment Where possible, CIT(A) to dispose within 1 year from the end of the financial year in which appeal was filed.<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>\u00a0Appeals To Tribunal [Section 252 To 255]:-<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\">Appeals To Tribunal\u00a0\u00a0Should be filed within 60 days of the date on which the order sought to be appealed against is communicated Memorandum of cross-objections \u2013 within 30 days of receipt of notice that an appeal has been preferred to the ITAT Time extended if sufficient cause proven To be filed in prescribed form and manner Additional ground\/ evidence can be raised for the first time before the ITAT. In such a case opportunity of being heard should be given to the assessing officer After hearing both parties, the ITAT passes an order as it thinks fit and communicates the same to the assessee and the Commissioner Where possible, ITAT to dispose within 4 years from the end of the financial year in which appeal was filed In case order of stay is made, appeal to be disposed within 180 days of stay order; else, stay stands vacate.<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Appeals To Tribunal\u00a0Mistakes Apparent From Record<\/strong> :- Order of ITAT can be amended within 4 years from date of ITAT order [Section 254(2)] if it is brought to the notice by the assessee or the assessing officer\u00a0\u00a0Final fact finding authority\u00a0\u00a0Binding nature<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li><strong>Appeal To High Court [Section 260a]:-<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\">Appeals To High Court\u00a0Right exercisable u\/s 260A\u00a0\u00a0Preferred against ITAT\u2019s order\u00a0\u00a0Only for a case involving a \u201csubstantial question of\u00a0law\u201d\u00a0\u00a0Should be filled within 120 days of receipt of ITAT\u2019 sorder\u00a0\u00a0Can also be filed by the Tax department\u00a0\u00a0Rules framed for court proceedings and conduct\u00a0has to be observed<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>Appeals to Supreme Court\u00a0Right\u00a0Exercisable u\/s 261:-\u00a0<\/strong>\u00a0Preferred against High Court\u2019s order\u00a0Only for a case involving a \u201csubstantial question\u00a0of law\u201d\u00a0\u00a0Should be filled within 60 days of receipt of High Court\u2019s order\u00a0\u00a0Can also be filed by the Tax department\u00a0\u00a0Rules framed for court proceedings and conduct has to be observed.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Time_For_Filing_Return_Of_Income_Sec_139_1_Different_Situations_Due_Date_for_filing_Return\"><\/span><span style=\"color: #000080;\"><strong>Time For Filing Return Of Income [Sec. 139 (1)]<\/strong> Different Situations Due Date for filing Return:\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span style=\"color: #000080;\">Where the assessee is a company:-\u00a0\u00a030th September<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"color: #000080;\">Where the assessee is person other than a company :-<\/span>\n<ul>\n<li>In case where accounts of the assessee are required to be audited under any law:-<span style=\"color: #000080;\"> 30th September<\/span><\/li>\n<li>Where the assessee is \u201cworking partner\u201d in a firm whose accounts are required to be audited under any law:-<span style=\"color: #000080;\"> 30th September<\/span><\/li>\n<li>In any other case:-<span style=\"color: #000080;\"> 31st July<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Hope the information will assist you in your Professional endeavors. For query or help, contact: <a href=\"mailto:info@caindelhiindia.com\">info@caindelhiindia.com<\/a> or call at 9555 555 480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary about Income-Tax Assessments Procedures, Appeals and Revision Filing Of Returns:- Steps Compute\u00a0income for each Source of Income\u00a0\u00a0Aggregate\u00a0the income from various sources under the respective Heads of Income\u00a0\u00a0Arrive\u00a0at the Gross Total Income\u00a0Claim\u00a0the Deductions available\u00a0\u00a0Arrive\u00a0at the Total Income. Steps \u00a0Compute\u00a0\u00a0Reduce\u00a0\u00a0Add\u00a0the Tax payable on the Total Income the Rebates, if any from the tax payable Surcharge as &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[142],"tags":[555,502,501,546,561,562,550],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/186"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=186"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/186\/revisions"}],"predecessor-version":[{"id":6222,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/186\/revisions\/6222"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}