Selecting wrong itr form
This query is : Resolved
21 July 2012
there is penalty provisions in iccometax act for declaring wrong income .but i like to know that is there any penalty under income tax act for declaring actual income but throug wrong itr.(i mean another itr form instead of actula itr form prescribed by department.
21 July 2012
Penalties have not been prescribed or imposed for using an ITR different from the applicable ITR
.
However, penalties are there for filing incorrect particulars of his income.
.
Merely on technical grounds penalties are not initiated. It is the motive that creates the difference.
.
.
However, penalties are there for filing incorrect particulars of his income.
.
Merely on technical grounds penalties are not initiated. It is the motive that creates the difference.
.
Message likes :
1 times
21 July 2012
Agreed with Paras Sir,
There is no penalty on using different ITR
There is no penalty on using different ITR
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Gift Received from nonblood relative
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Putting a heading on received mail
- Experts need help
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
