Rectification Application Under Section 154 — Draft

APPLICATION UNDER SECTION 154 OF THE INCOME-TAX ACT, 1961
FOR RECTIFICATION OF MISTAKE APPARENT FROM THE RECORD

(Filed through the e-Filing portal → Services → Rectification, against the
order/intimation to be rectified.)

Name of Assessee   : [Name of Assessee]
PAN                : [ABCDE1234F]
Assessment Year    : [A.Y. 20__-__]
Order/Intimation   : u/s [143(1) / 143(3) / 154] dated [DD/MM/YYYY],
                     DIN/CPC Ref. [___]
Passed by          : [CPC, Bengaluru / Assessing Officer, Ward/Circle]
Date of application: [DD/MM/YYYY]

To,
The [Assessing Officer, Ward/Circle __ / ACIT (CPC), Bengaluru],
Income-tax Department.

Subject: Application under section 154 for rectification of mistake
         apparent from record in the [intimation/order] u/s [___] dated
         [DD/MM/YYYY] for A.Y. [20__-__] — reg.

Respected Sir/Madam,

1.  The assessee filed the return of income for A.Y. [20__-__] on
    [DD/MM/YYYY] declaring total income of ₹[amount] and claiming a refund
    of / paying tax of ₹[amount]. The return was processed vide intimation
    under section 143(1) dated [DD/MM/YYYY].

2.  On a perusal of the said intimation/order, the following mistake(s)
    apparent from the record has/have crept in, warranting rectification
    under section 154:

    (a) TDS credit of ₹[amount], duly reflected in Form 26AS/AIS against
        [deductor name & TAN], has not been allowed, resulting in a short
        credit / reduced refund of ₹[amount].

    (b) [Brought-forward loss / unabsorbed depreciation of ₹[amount] duly
        determined for A.Y. [__] has not been set off].

    (c) [Advance tax / self-assessment tax of ₹[amount] paid vide challan
        CIN [___] dated [DD/MM/YYYY] has not been granted credit for].

    (d) [Arithmetical error — the total income/tax has been computed as
        ₹[amount] whereas the correct figure is ₹[amount]].

    (e) [Deduction under section [80C/80D/Chapter VI-A] of ₹[amount],
        claimed in the return, has been disallowed while processing].

3.  The above are patent errors apparent from the record and do not require
    any long-drawn reasoning or investigation into debatable points of law,
    and are therefore squarely covered by section 154.

4.  A reconciliation statement together with Form 26AS/AIS, tax payment
    challans and the relevant computation is enclosed (Annexure-[__])
    demonstrating the correct figures.

PRAYER
It is respectfully prayed that the mistake(s) pointed out above be
rectified under section 154, the [TDS/tax credit of ₹[amount] be allowed /
loss be set off / income and tax be re-computed], and the resultant refund
of ₹[amount] (with interest under section 244A) be granted / the demand of
₹[amount] be deleted.

List of enclosures:
  1. Copy of the intimation/order sought to be rectified.
  2. Copy of return of income and computation.
  3. Form 26AS / AIS and TDS certificates (Form 16/16A).
  4. Challans of advance / self-assessment tax.
  5. Reconciliation statement.

Thanking you,

Yours faithfully,

For [Name of Assessee]

______________________________
[Signature — Assessee / Authorised Representative]
Name : [Name]     PAN: [ABCDE1234F]
Place: [City]     Date: [DD/MM/YYYY]