14 February 2011
WHILE FILING OF ONLINE ORIGNAL RETURN (DVAT - 16 & FORM 1) OF DECEMBER 2010,
WRONG PERIOD I.E. MARCH, 2006 WAS WRITTEN
AND SUBSEQUENTLY CORRECT ORIGINAL RETURN OF CORRECT PERIOD WAS FILED AND SUBMITTED TO DEPARTMENT,
MY QUERY IS
1) WHAT WILL HAPPEN TO RETURN FILED WITH WRONG PERIOD WHILE ASSESSMENT OF F. Y. 2005-06 HAS ALREADY BEEN COMPLETED 1 YEAR BEFORE ?
FURTHER THE WRONG RETURN IS NOT SUBMITTED TO DEPARTMENT TILL NOW
2)IS THERE ANY PENALTY PROVISIONS IN THAT CASE AND WHAT ARE THE REMEDIAL ACTION TO BE TAKEN TO PREVENT THE CLIENT FROM MISHAPPING RESULTING FROM THAT ERROR?
16 February 2011
If you have filed wrong period return then intimate the assessing autority along with the clearification requesting them treat it as null and vide. Although for march 2006 revised return period aloowed by the department was 28th april 2010 as per DVAT Rule, so there should not any impact on your case. But you should inform the department as soon as possible about the insident at you end.
CAclubindia
