Correction of filed statements: taxpayers must notify the authority and furnish corrected information within prescribed timeframes. The filer must inform the prescribed income-tax authority of any discovered inaccuracy and furnish corrected information in the prescribed manner within ten days; the authority may intimate defects and allow rectification within thirty days or an extended period, and failure to rectify will result in the Act applying as if inaccurate information had been furnished.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Correction of filed statements: taxpayers must notify the authority and furnish corrected information within prescribed timeframes.
The filer must inform the prescribed income-tax authority of any discovered inaccuracy and furnish corrected information in the prescribed manner within ten days; the authority may intimate defects and allow rectification within thirty days or an extended period, and failure to rectify will result in the Act applying as if inaccurate information had been furnished.
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