REVISION OF RETURN OF INCOME OF A. Y. 2009-10

This query is : Open

PRADEEP PAL (Querist)
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21 October 2010 WHILE FILING THE RETURN OF INCOME FOR THE "INCOME U/S. 44AF" I FILLED THE DETAILS IN NO ACCOUNT CASE ROWS OF "PART A BS(BALANCE SHEET), PART A PL (PROFIT AND LOSS ACCOUNT) AND POINT 33iii OF SCHEDULE BP" BUT FORGOT TO FILL THE SAME IN POINT 1 AND 4 IN SCHEDULE BP OF ITR 4 (NET PROFIT OF RS. 181789/- U/s. 44AF)

AS A RESULT WHILE IN PROCESSING THE RETURN, INCOME TAX OFFICER (CPC) DOUBLED THE INCOME (i. e. Rs. 363578/- NOT GIVING THE DEDUCTION U/s. 44AF AND RAISED THE DEMAND OF Rs. 26K

MY QUERY IS "NOTICE IS BEING SERVED BY INCOME TAX OFFICER ON ME"

THEN CAN REVISE THE RETURN OR NOT TO RECTIFY THE ERROR

IF NOT

THEN WHAT CAN BE THE BEST PREVENTIVE METHOD

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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21 October 2010 Revised return can be filed before the completion of assessment. Since the AO has already issued the notice you cannot submit the revised return.

You have not mentioned under which section notice has been issued to you. PLesae mention the detail of notice.

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PRADEEP PAL

PRADEEP PAL (Querist)
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26 October 2010 I HAVE RECEIVED INTIMATION U/s. 143(1) OF THE INCOME TAX ACT 1961 FROM CPC BANGLORE

IF NOW I CAN NOT REVISE THE RETURN

HOW SHOULD I PROCEED FURTHER?

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