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Query regarding itr

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31 March 2015 Sir/Madam

Please, guiding to me procedure of correcting ITR for AY 2013-14, Form No.ITR-4S u/s 44AD. it is already uploaded on 30/03/2015
I want to know that total gross receipt is shown Rs.8,00,000.00 and income is shown persumption bassis is Rs.1,80,000.00. But in 26AS is shown TCS U/S 206CJ, transaction date 31/03/2013, amount paid/debited Rs.10,89,106.00 and TCS Rs.10,891.00.
ITR is filled without considering 26AS.
please give sollution of above mentioned query.

Your Faithfully
Bablu Kumar Sah

31 March 2015 No such solution available wait for the notice from the department

31 March 2015 it is already a belated return which u have filed for ay 13-14 so it cannot be revised in any case.

so u wait for ito to issue you an intimation under sec 143(1) adn then file rectification request u/s 154


31 March 2015 Mr. Tushar,

This is not a mistake apparent to records which is done by IT Department, then how can he file rectification u/s 154

31 March 2015 http://www.incometaxindia.gov.in/Tutorials/36-%20MCQ%20recti%20of%20mistake.pdf

then no revision is possible so tcs should be ignored?

refer the link under "Initiation of rectification by whom"

31 March 2015 Yes. TCS has to be ignored. That's why it not advisable to file belated return, this one of the biggest loss of filing belated return

31 March 2015 Mohit just because return is filed belated if ito is informed with all evidence for same i think he would later take into account for same.

31 March 2015 Yes. During assessment proceedings only this matter can be taken up. That's why I wrote, "Wait for the IT Department Notice"




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