Mistake in belated electronic return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 March 2012
WHAT SHALL BE THE CONSEQUENCES IF SPECULATION INCOME IS MISTAKENLY SKKIPPED TO BE SHOWN IN ITR - 4 IN A BELATED RETURN; BUT INCOME TAX IS PAID CORRECTLY (ON INCOME WHICH INCLUDES SPECULATION INCOME ALSO)?
WHAT IF IN THE ABOVE CASE THE ONLY DIFFERENCE IS THAT ITR-2 IS FILED, INSTEAD OF ITR-4
WHAT IF IN THE ABOVE CASE THE ONLY DIFFERENCE IS THAT ITR-2 IS FILED, INSTEAD OF ITR-4
13 March 2012
Dear Sir,
It does not matter which ITR you have filed Returns can be revised only if they are filed u/s 139(1) or in reply to Sec 142(1). I your case since the return is filed u/s.139(4), Revision is not possible.
In my opinion Revision is not possible in the above case.
It does not matter which ITR you have filed Returns can be revised only if they are filed u/s 139(1) or in reply to Sec 142(1). I your case since the return is filed u/s.139(4), Revision is not possible.
In my opinion Revision is not possible in the above case.
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