Assessment procedure

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2013 sir,
I have Filed E-Return For A.Y.2013-14 on 31st August, 2013 with Considering income of Rs. 14.50 Lacs.
Now, I come to know that income of Rs. 16.30 lacs have not consider in above return filed. However TDS have deducted on31/03/2013 & Deposite on 29/10/2013 by Deductor on the same income & shown in 26AS.
Further, Return for A.Y.2013-14 has not processed till date at CPC.
What Shoud I do ?

09 December 2013 file revised return immediately

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2013 thank for early reply, but sir return is after due date

09 December 2013 wait till it processed and intimate 143(1) generates
..
.
after receipt of 143(1) file return under sec.154 rectification and efile in income tax efiling website

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2013 Yes Sir, but Sec.154 rectifiction only applies to rectify mistack but not income that remain undisclose in return.

09 December 2013 Rectification can be done..and it is the only choice


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