11 November 2014
In September 2013 when I uploaded the ITR-5 of Ay 2013-14 I had put a consolidated sum of Rs. 6,03,752 consisting of 13 types of expenses in the heading of other expenses which the CPC Bangalore has added back to my taxable income as per my return as a result of which tax liability has gone up. Since there is no provision of inserting 13 row in the heading of Other expenses, I am helpless to give the detail of Rs 6,03,752/=. But there is a provision for inserting a sheet in the same heading, can I insert the sheet to give the detail of Rs. 6,03,752 just adjacent with the Profit & Loss Account. After inserting the sheet I will give the detail of the expenses and later I will pickup Rs .6,03,752 from the sheet while narrating " Other Expenses As per the Sheet" Please guide me and oblige
11 November 2014
Is it not a TAX AUDITABLE case? Anyway, now that you say it is disallowed by CPC. You need to make application for rectification of error u/s 154