Form 29B Submission after filing of income tax return

This query is : Resolved 

21 September 2023 Will there be any penalty if form 29B is filed after filing of Income tax return

and what should be done to resolve the situation ?

22 September 2023 If a taxpayer fails to file Form 29B within the due date, they may be subject to a penalty. According to section 271B of the Income Tax Act, the penalty for late filing of Form 29B is Rs. 1,50,000 or 0.5% of the total sales, turnover or gross receipts of the business, whichever is lower.

22 September 2023 but what if 29b is filed before 30th september, but after filing of ITR

Should I revise the return after filing 29 B

22 September 2023 Yes, revise the ITR after filling form.
Data might have been taken from the form for ITR.

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