Transfer pricing
This query is : Resolved
Bhargav teja
(Querist)
26 November 2013
Respected Members,
One of our Clients Return for which 92E transaction occurred, the ITR was filed mistakenly before Sept30th without considering the 92E transaction. Can we go for a Revised Return by giving adjustment to above Rectification because already the Original Return is Filed in Time or Filing a new return as the duedate will be Nov30th in this regard. Kindly Suggest your Opinion.. Thanks in Advance.
One of our Clients Return for which 92E transaction occurred, the ITR was filed mistakenly before Sept30th without considering the 92E transaction. Can we go for a Revised Return by giving adjustment to above Rectification because already the Original Return is Filed in Time or Filing a new return as the duedate will be Nov30th in this regard. Kindly Suggest your Opinion.. Thanks in Advance.
Nitin Bhuta
(Expert)
26 November 2013
Yes you can. There is no bar in revising the return as mistake is apparent on record. as I understand you have not received any notice u/s 139(9) for defect in Income Tax Return.
please ensure that adequate documentation is maintained under 92E for the tranactions undertaken by yourself.
please ensure that adequate documentation is maintained under 92E for the tranactions undertaken by yourself.
26 November 2013
Yes u can revise and file itr after taking into account the relevant international transaction.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
