Additional income for updated return
This query is : Resolved
Quick Summary
Shantanu Bose
(Querist)
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
Dhirajlal Rambhia
(Expert)
06 November 2025
IFOS ...
Shantanu Bose
(Querist)
08 November 2025
Ok thanks a lot sir,I guessed it right,just wanted confirmation
Dhirajlal Rambhia
(Expert)
08 November 2025
Generally all such miscellaneous income like gift, donation etc. fall under IFOS.
Dhirajlal Rambhia
(Expert)
09 November 2025
Good luck...
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