Rectification of itr
This query is : Resolved
27 April 2019
Hi everyone i would like to take your suggestions there is a person who was wrongly reported his income in ITR for the AY 2017-18.Five Lakh instead of 50k and now he got a noticed what should he do????
27 April 2019
He can't do anything he has to pay tax.
28 April 2019
But he has made mistakes and I think there will be a provision for rectifcation and something elese.
28 April 2019
Time limit for revision of return is over. Rectification can't be done for such mistakes.
28 April 2019
But it doesn't me that you liable to pay tax.Mistake are by nature
28 April 2019
Time is given to file revised return in such case. You missed it.
29 April 2019
I think in that case we can go to ITO with proper document
30 April 2019
Try it but he may not be able to help you.
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