Income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 November 2013
Income earned from sale of plot in PY 2011 but was not shown in the income tax Return of PY 2011-12 can we show that income in the income tax return of PY 2012-13
CA.Shubhneet Kaur
(Expert)
13 November 2013
Return should be revised for the F.Y. 2011-12.
Revised return can be filed by the assessee at any time before the expiry of 1 year from the end of relevant assessment year or before the completion of assessment whichever is earlier.
therefore return of F.Y.2011-12 can be revised up to 31st March 2014
Revised return can be filed by the assessee at any time before the expiry of 1 year from the end of relevant assessment year or before the completion of assessment whichever is earlier.
therefore return of F.Y.2011-12 can be revised up to 31st March 2014
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