An assesee has to file the salary income of director in the comapany in the ward of company but it got filled in salary ward at mayur bhavan & ITO accepted the same.What is the implications of this? will there be any penalty?
Thanks
3 Replies
Murlee
(Professional)
(204 Points)
Replied 26 June 2008
Your question is not clear ....! but as i understood probable reply is ,
if you filed return of income in some other ward than actual, then i dont think any penalty would be levied.
N GANESHAN.
(CA FINAL STUDENT - PRACTITIONER)
(921 Points)
Replied 26 June 2008
YOUR QUERRY IT NOT CLEAR... BUT IT SEEMS YOU FILED YOUR RETURN IN SOME OTHER WARD/CIRCLE OTHER THAN TO WHICH THE RETURN HAS TO FILE... NO PROBLEM THE DEPT. WILL TRANSFER THE FILE TO THE CONCERNED ITO WARD/CIRCLE/RANGE WHILE TAKING IT FOR PROCESSING..
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