11 July 2012
for the f y 2010-2011 , i have filed tax on 10 november 2011 ( belated I T filed ) , now i realised that due to missing of one bank entry , i have paid less tax , and my last year income increase by 15000 as per I T rules , BELATED FILE CANT BE REVISED PLZ SUGGEST ME CAN I REVISED TE FILE N PAY THE TAX WITH INTEREST OR NOT ? OR CAN I SHOW THE LAST YEAR INCOME IN THIS F Y 2011-12
11 July 2012
belated return can't be revised its a thumb rule even though there in increase in income in revised return.. bt if anyone wanna show income than you can go for reassessment procedure..
CAclubindia
