ITR filed and revised ITR
This query is : Resolved
29 July 2024
I filed my ITR .But later some more interest on FD was reported by Banks in AIS. INR 11000/- is the difference increase. There is no tax on my filed ITR. after I file revised ITR also there will be no tax. As the income will fall below INR.7 lakhs as per new regime. I am a senior ciitizen.
So do I really need to file a revised ITR?
I find wrong figures (less) entered in my AIS for equity trading and dividend etc. even if I am honestly reporting correct figures in my ITR as I do not attract tax (below 7 lacs as per new regime).I am a senior citizen. Do I need to update AIS, which is very tedious to do for every trade ?
So do I really need to file a revised ITR?
I find wrong figures (less) entered in my AIS for equity trading and dividend etc. even if I am honestly reporting correct figures in my ITR as I do not attract tax (below 7 lacs as per new regime).I am a senior citizen. Do I need to update AIS, which is very tedious to do for every trade ?
29 July 2024
File revised ITR with additional interest income.
If you have filed ITR with correct statement as per broker's Contract note. No need to worry for some wrong figures in AIS.
If you have filed ITR with correct statement as per broker's Contract note. No need to worry for some wrong figures in AIS.
29 July 2024
Thanks. I made some mistake in FD interest. shown less by Rs.11000/-. But even if Rs.11000/ is added then too no tax eligible.
29 July 2024
Tax liability is not the criteria, but misreporting is one. Better to revise it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Bogus purchase treatment for it act gst dealer
- Gst input for FY 23-24
- Company registration : Rental agreement or NOC?
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
