I filed itr 4 for one of my friend for AY 2016-17 in February 2018 by showing income of 2.5 lacs and I received intimation u/s 143(1) on 11th March. I want to revise the return now and want to declare income of rs. 3.5 lac by paying tax amount for a bank loan purpose.
Is it possible to revise and pay tax for AY 2016-17
Menu
revision of return
Replies (1)
Yes... it can be revised within specified time limit, even after intimation u/s. 143(1).
Recent Threads
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
Related Threads
CAclubindia
