Depreciation

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 April 2014 For a Tax Audit Company,in the FY 2012-13,the provision for depreciation was provided Rs.51,184 but actually the provision has to be provided only Rs. 17,584. The income tax return and ROC was also filed for the Company. What will be the consequence and how the mistake can be rectified??

Thanks in advance...

30 April 2014 For Income Tax :
(1)if your ITR processed then you can file rectification of mistake u/s 154
(2)if your ITR not processed then you can file revised return upto 31.03.15 but sure that original return is filed in time.

For MCA :
you can file revised return but for that you have to bear additional fees.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 April 2014 What will be the consequence for the above mistake is not rectified??

30 April 2014 dear sir

i hope depreciation under income tax is filed by you will correct .

it found mistake under company act pls check.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details