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Sir, i have submitted the return for ay 2015-2016 can be rectified now?

Ashim kr Ray (social service) (1695 Points)

17 May 2017

Sir, I have submitted the return for the AY 2015-2016 after due date.File is process & Tds has been refund. Now i want to rectified the amount cash in hand and agricultural income,here i want to know whether TDS details again have to be give in TDS coloumn or not.As TDS amount has been refunded .

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178226 Points)
Replied 17 May 2017

For Ass Yr 2015-16, the date of revision is over, ie. 31.03.2017. (Even belated return cannot be revised)

You cannot rectify the return as per the changes suggested as rectification u/s. 154 is allowed only for mistakes apparent from records.

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Mayur (Partner @ Mayur Thakkar & Co.) (3111 Points)
Replied 17 May 2017

Yes you can revise your return once you receive intimation u/s 143

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Mayur (Partner @ Mayur Thakkar & Co.) (3111 Points)
Replied 17 May 2017

sorry it can't be revised. I considered FY 2015-16

Ashim kr Ray (social service) (1695 Points)
Replied 17 May 2017

Sir,

If mistakenly forget to show the amount in EI for the AY yr 2015-2016 and AY yr 2016-2017.which is filed after due date.Iss there any way to rectified the amount an can be shown in ITR.Bcoz EI is not shown Total Income will be less.

Mayur (Partner @ Mayur Thakkar & Co.) (3111 Points)
Replied 17 May 2017

You can rectify your return for AY 2016-17 filed even after due date.

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178226 Points)
Replied 17 May 2017

Practically, not advisable to alter any of these ITRs, as any rectification request, specifically income addition by cash is transferred to ITO, who with suscpision may open the file for scrutiny. As it is exempted income, you may declare it as and when query raised.

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