How to rectify the mistake
This query is : Resolved
Ramesh Gajam
(Querist)
27 November 2014
I have filed a return on 09/01/2014, the due date of which was 31/10/2013. Net Loss is 118000, provision of tax 70000. But under B/P i took net profit -48000(118000-70000), and added back 70000 due to which i got an intimation that 70000 is deemed income and tax payable on the same as per MAT. but this is a belated return, how to rectify this mistake. is there calculation correct. plz help me
27 November 2014
in case of belated return loss cannot be carried forward.
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