Income tax revision after due date

182 views 9 replies
an assessee filed itr for financial years 2017-18 , n mistakenly quoted turnover 28,50,000 in itr instead of 1850000, this might lead to tax evasion charges when GSt is matched with itr , how can assessee revised return now since due date is over ?
Replies (9)
You must visit the local income tax office.They have the powers.You can't revise online...
Sir but since return filing and revision is done online , so there must be a mandation to file the grievance for it online
Try using rectification method.

Grievance don't solve to update the sales figure.
Moreover even rectification for correction of data require AO permission.

Try for online rectification.It may accept though the time limit got over
Time limit has gone for rectification also sir ?
Rectification time limit is 4 years
If mistake is done from assessee side , is it still possible to intimate department and correct the data ?.
Yes.


But correcting data ,you must file revised return..

Check there are practical issues as well...
Sir revised return date is over , only option to rectify is available now.
Kindly contact the IT Office.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register