High value transactions

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Chandra Kala (Querist)
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19 January 2023 High value transactions which are missed in the return of income. Whether, can be submitted to through revised return now ? Is there any such possibility, since department directing to inform high value transactions.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 January 2023 Revised return filing time is over.
File updated return in case of omissions in declaring income.
If you have considered income on high value transactions in the return and paid taxes no need to worry. You can reply to the notice if any received.

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