Lower payment of tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 I am working as a consultant, i hire lawyers for my clients who were being sued.
For the AY 10-11,11-12,12-13 i have filed my income tax returns through a tax consultant.
They filed my returns with the help of my bank statements and on the receipts they charged 8% as income u/s 44AD of income tax act 1961 showing me as a civil contractor.The total tax paid by me was 22000 for the 3AY's, but in real my tax liability will be coming upto 1.5-2 lakhs if my total income was considered. But as iam out of station for about 2 months those consultant people filed return without informing me basing my bank statements.
for this Ay 13-14 i want to pay 2 lakhs income tax for the income earned in the financial year 12-13.
my question is whether there will be any problem if i pay 2 lakhs amount now as ,my tax liabilty for the last AY is just 15000?

@VaibhavJ

@VaibhavJ (Expert)
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02 March 2013 Hi

Prima facie if your receipts for current FY is more than previous year then it seems to be no issues.

Try & compare your income under same provisions.

Thanks!!

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 hai vaibhav
thanks for the reply.
My problem is that i have been shown as a civil contractor for the last 3AY's.
would it be a problem if i file my returns for this AY13-14 as a consultant not being a civil contractor.
the actual liability comes upto 2lakhs this year, even in last 3 AY's it was so. but i paid 22000 in total(for 3AY) because of their fault.
i dont want to revise the return. iam planning to pay the entire tax amount arrived even from this AY. would it be a problem if my tax amount increases this drastically??? any chances of scrutiny or notices?
please suggest me a good alternative/solution

@VaibhavJ

@VaibhavJ (Expert)
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02 March 2013 Yes,

If scrutiny comes then problem may arise. However chances are less for Tax amt of Rs. 2 laks, then also its subjective.

Thanks!!

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