Due to oversight, I forgot to report exempt income consisting of Dividend, interest on tax free bonds and long term capital gains on shares in the ITR form e-filing.Should I file revised return or not.
3 Replies
Kiran. S
(CTO)
(745 Points)
Replied 05 September 2015
Better to be on safe side.than sorry. fill these three fir generate XML an uplad everify
Sleep peacfully
Miss Rinkal
(Student)
(1309 Points)
Replied 06 September 2015
Yes you need to rectify by revising the return. Assuming the return is AY 2015-16. If it is AY 2014-15 then check whether the same is processed or not. If processed you cannot do anything but if it is not you can still file a revise return assuming original was filed within the due date
varsha pullani
(Student )
(30 Points)
Replied 06 September 2015
To be on safer side
you should disclose all the exempt income in itr.
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