25 July 2009
I am doing three different prop concern. I am filed my income tax retun in 2 months before for the asseement year 2009-10 with my my 2 prop concern income only. Because at the time return filing my 3rd concern accounts not finalised.But my bankers wants urgently i do that.Now i wants to file my revised return with my all 3 prop concern.my gross receipts not exceed rs.10 lacs.In this situation any problems created by the assessing officer at the time of assessment.Please advise me what i do?
25 July 2009
Hi, There will be no problem on this front. File your revise return of income and pay the tax due alongwith interest if any. If during the assessment AO wants the clarification then file written submission that the income of 3rd concern was remained to be included erronously. There will be no penalty or fine.
25 July 2009
Hi, There will be no problem on this front. File your revise return of income and pay the tax due alongwith interest if any. If during the assessment AO wants the clarification then file written submission that the income of 3rd concern was remained to be included erronously. There will be no penalty or fine.