01 February 2012
Dear All, we have filed one belated IT return for AY 2010-11. in which by mistake the data for the AY 2011-12 was filled. moreover the tax was also paid in the AY 2010-11. Actually speaking there was no tax liability in the AY 2010-11. Now what should i do in such case.. plz reply... Thanks
04 February 2012
A BELATED RETURN SHOULD BE FILED CAREFULLY AND CAUTIOUSLY. IT IS ALREADY LATE, SO WHY TO MAKE A HURRY? . TECHNICAL MISTAKES ARE POSSIBLE IN BELATED RETURNS ALSO WHICH WE HAVE TO RECTIFY. THE BEST ALTERNATIVE IS TO FILE A REVISED RETURN. IT WILL BE ACCEPTED.
CAclubindia
