Revised return

This query is : Resolved

kamalakarreddy (Querist)
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17 September 2015 a person received professional fee Rs 1938810 in that only Rs 80000 TDS deducted for Rs 8000000 and filed ITR-4 as per 26AS records in that Rs 80000 deducted
Now is there any possible to revied ITR-4 earlyear we filed. if we declares total amount i e 1938810 as recipts , how much expenditure allowable 40% r above plz kindly advice me.how much tax now we have to pay

CA. Brijesh Baranwal

CA. Brijesh Baranwal (Expert)
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18 September 2015 1. Return can be revised under provisions of Section 139(5) depending upon date of original filing.

2. There is no fix rate of expenditure allowed in such cases.