In section 194E in which the payment is made to a non resident and other similar sections in which payments are made to non residents,Do we have to deduct Cess on such payments?
Only a return filed u/s 139(1) or in response to a notice issued u/s 142(1) can be revised.
thus belated return cannot be revised. however u can file rectification application u/s 154 once an intimation u/s 142 is received.
Hi fellows I have a query regarding belated return.
An individual files his return for FY 2013-14 late i.e. on 1st August 2014 and later on finds that he had claimed a deduction under 54 which he was not supposed to claim. Can the client make the payment online for that FY now I.e. balance payment of tax along with interest? Would payment solve it? Could you please briefly elaborate the way ahead?
Hi fellows I have a query regarding belated return.
An individual files his return for FY 2013-14 late i.e. on 1st August 2014 and later on finds that he had claimed a deduction under 54 which he was not supposed to claim. Can the client make the payment online for that FY now I.e. balance payment of tax along with interest? Would payment solve it? Could you please briefly elaborate the way ahead?