04 April 2016
Assessee filed return for A Y 2012-13 but failed to show Capital Gain on land sale in return and pay tax thereon. Now during inquiry of the buyer of the land, assessee was asked by AO u/s 133(6) to furnish details of transaction. After noticing that Capital gain tax is not paid, he is insisting to pay the same. (This AO is different from Assessee's AO) Assessee wants to pay tax with interest. But how to file return? Because time limit for revising return is expired and there is no notice issued u/s 148.
04 April 2016
Return can not be revised now. Just pay Tax along with interest and intimate the same to both the Assessing Officers enclosing a copy of challan along with the letter.