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
gg_ggaurav (CA Job) (55 Points)
26 June 2008An 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
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..
CAclubindia
