Sub: IT Rectification for tax credit mismatch due to selection of incorrect AY – Reg.
While filing ITR, I have wrongly selected the AY as
2012-2013 instead of 2013-2014. Due to which an intimation u/s 143 has been
raised on 24-07-2014 due to tax credit mismatch and subsequently intimation
under 245 sec has been raised on 31-07-2014.
As the Rectification rights have been transferred to local Jurisdictional Assessing officer. I have met AO, he said he doesn’t posses the right to change the AY. AO suggested me for appeal to the Commissioner of Income Tax with the Petition U/S 264 of Income Tax Act.
Kindly let me know how to proceed further.
Regards,
Naresh