News/Updates
All Revised Returns after Demonetization will be Scrutinised to ascertain the correct income of the year and may also attract penalty/prosecution in appropriate cases as per provision of law.
Jitendra Panwar, FCA (Tax Practitioner ) (641 Points)
14 December 2016News/Updates
All Revised Returns after Demonetization will be Scrutinised to ascertain the correct income of the year and may also attract penalty/prosecution in appropriate cases as per provision of law.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5128 Points)
Replied 28 December 2016
We can only revise the returns that have already been filed. I hope no additions or subtractions.
Ryan Philips
(10 Points)
Replied 09 January 2017
What happens if i have not filed my tax returns for last FY yet because last date is 31st March 2017.