Not shown 2 savings accounts details in returns

Sagnik Majumder (Accounts Executive) (51 Points)

04 March 2018

2 savings account details were not shown in ITR 4 for 3 years. what will be the compliance for that in future. please suggest.

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4 Replies

CA Harshali Salvi (Practicing Chartered Accountant) (995 Points)
Replied 04 March 2018

you can show it from this year return.

Sagnik Majumder (Accounts Executive) (51 Points)
Replied 04 March 2018

Thanks for reply. But still there is any statutory compliances or any interest penalty etc for that in income tax??

CA Harshali Salvi (Practicing Chartered Accountant) (995 Points)
Replied 04 March 2018

for giving details of saving accounts there is No uch penalty or interest.

Krishan kant (student) (600 Points)
Replied 04 March 2018

you can declare it in next return

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