Revised return
This query is : Resolved
20 January 2014
sir , i am a businessman and i have declared my income in my original return which is below the taxable limit . now i want to show some more income by filing revised return and i am ready to pay tax and interest which will arise after filing revised return of income
my question is whether there is any problem in this . will it raise any doubt in the mind of the AO that there is something wrong ??
my question is whether there is any problem in this . will it raise any doubt in the mind of the AO that there is something wrong ??
20 January 2014
given that you are increasing your taxable income, it should be ok...voluntary disclosures are anyways looked at favorably..
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