Section 154 of the Income Tax Act, 1961 – Allows assessee to file rectification request of errors apparent on the face of the record in their income tax orders.
The Income Tax Department has enhanced its online portal to enable assessee to file rectification applications under section 154 of the Income Tax Act, 1961 directly with the Assessing Officer (AO) for errors in the “Assessment Order” passed by them. Previously, the portal allowed rectification requests only for orders passed by the “Centralized Processing Centre (CPC)” and the “Commissioner of Income Tax (Appeals) (CIT(A))”. This new feature streamlines the process by allowing taxpayers to request corrections for errors in the assessment order issued by the AO at the initial stage itself, eliminating the need for manual submissions or grievance redressal. This update will not only expedite the rectification process but also reduce unnecessary procedural steps, making the system more efficient and assessee friendly.
Section 154 of the Income Tax Act empowers assessee to seek rectification of apparent errors in their income tax orders, such as clerical mistakes, computational inaccuracies, or other discrepancies. Previously, rectification requests involved multiple stages and manual intervention, which often led to delays. With the recent update, taxpayers can now submit rectification requests directly through the portal to the AO, enabling a more efficient and seamless process.
