Additional income for updated return
This query is : Resolved
Quick Summary
06 November 2025
Dear Sir/Madam,
I want to file updated return for AY 23-24 but my gross total income is below basic exemption limit. I can show additional income in ITR form to make it more than basic exemption limit to fecilitate filing.
Can some expert suggest under which head or heads in form can I show excess income to augment total income above basic exemption limit but below 5lakh so as to file ITR-U with 234F penalty ?
Thank you
I want to file updated return for AY 23-24 but my gross total income is below basic exemption limit. I can show additional income in ITR form to make it more than basic exemption limit to fecilitate filing.
Can some expert suggest under which head or heads in form can I show excess income to augment total income above basic exemption limit but below 5lakh so as to file ITR-U with 234F penalty ?
Thank you
06 November 2025
IFOS ...
08 November 2025
Ok thanks a lot sir,I guessed it right,just wanted confirmation
08 November 2025
Generally all such miscellaneous income like gift, donation etc. fall under IFOS.
09 November 2025
Good luck...
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