CBuzz Corporate News: Your Trusted Source for Business Intelligence
CBuzz Corporate News delivers real-time updates on industry developments such as mergers, product launches, policy shifts, and financial trends. Our curated content empowers professionals with actionable insights to thrive in competitive markets.
CBuzz Market Watch: Stay Ahead of the Curve
CBuzz Market Watch provides timely updates on global market trends and emerging opportunities across industries like technology, finance, and consumer goods. With data-backed reports and expert analysis, we ensure you stay informed and prepared for success.
Consumer Discretionary
In recent years, the Indian Income Tax Department has taken significant steps to make tax compliance more efficient and transparent. One of the latest initiatives allows taxpayers to rectify wrong tax demand notices online, a feature that was introduced in January 2025. This online rectification process is available for Assessment Year (AY) 2023-24, which pertains to the Financial Year 2022-23. Here’s how you can fix those erroneous notices:
The rectification process targets mistakes that are apparent from the records. These include issues like deductions not being considered, incorrect tax credits, or income being added twice, leading to wrong tax demands. This online feature is available on the e-Filing Income Tax Return (ITR) portal, making it easy for taxpayers to address errors without needing to physically visit tax offices.
Common Errors:
Limitations:
To file a rectification request, follow these steps:
Access the e-Filing Portal: Go to the Income Tax e-Filing Portal and log in with your credentials.
Navigate to Rectification Section: Click on the ‘Services’ tab, then select ‘Rectification’.
Option A: Rectification through CPC (Centralised Processing Centre)
If your return is processed by CPC, you can file online rectification directly with them.
Ensure that the error is apparent from the records[2].
Option B: Rectification through AO (Assessing Officer)
If the CPC cannot resolve your issue or if the ITR has been moved to the AO for assessment, you can request rectification through the AO.
Click on ‘Request to AO Seeking Rectification’ and submit a new request[1][3].
The e-Filing portal offers several types of rectification requests:
Yes, if your rectification request with CPC is not making progress, you can request to transfer the rectification rights to the AO using the e-Nivaran grievance feature. However, this transfer is not possible if your ITR is selected for scrutiny or if the tax order is already under appeal[1][3].
If the rectification order does not resolve the issue to your satisfaction or if the error involves legal interpretation, you can file an appeal before the Commissioner of Income-tax (Appeals)[2].
The online rectification feature for wrong tax demand notices is a significant step forward in tax compliance. It simplifies the process of addressing errors and provides taxpayers with a more transparent and accessible way to resolve issues. By following the steps and guidelines outlined here, individuals can quickly rectify mistakes and avoid unnecessary legal complications.
Search Keywords to Keep in Mind:
High-Search-Volume Keywords: "Income Tax Rectification", "Wrong Tax Notice Rectification", "Online Rectification Process for Tax Errors", "AY 2023-24 Rectification", "Tax Demand Notice Correction". Incorporating these keywords naturally throughout the article will improve its visibility on search engines.