Updated return with similar income

This query is : Resolved

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You've filed an updated return using the same income as your revised return and paid Rs 5000 tax under section 140B. You also forgot to include Rs 1890 in self-assessment tax, despite an additional income tax liability. While your updated return is unlikely to be invalidated, you may face a demand for the tax shortfall.

Rahul Singh

Rahul Singh (Querist)
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12 July 2024 I have mistakenly filed updated return with same income as revised return with payment of tax of Rs 5000 under 140B. Also I forgot to add Self assessment tax of Rs 1890 although additional income tax liability is there in updated return Is there chance of updated return becoming invalid or defective in processing

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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12 July 2024 Now you cannot change/revise the updated return. Most probably, there will be demand for any short fall of tax, but very less chance of getting it invalid for such reason.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 August 2024 Hope the problem is resolved.

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