Wrong disallownace shown in efilled audit reprot
This query is : Open
06 October 2013
R/sirs
In e filled audit report, I have wrongly shown bonus of Rs. 78700/- in column As per [Section 36(1)(ii)]Any sum paid to an employee as bonus or commission for service rendered, where such sum was otherwise payable to him as profits or dividend.
I have filled audit report on 20/09/2013.
What the consequence of above? while processing of return will this be included in income?
should i revise audit report now or nothing to do?
Please suggest
In e filled audit report, I have wrongly shown bonus of Rs. 78700/- in column As per [Section 36(1)(ii)]Any sum paid to an employee as bonus or commission for service rendered, where such sum was otherwise payable to him as profits or dividend.
I have filled audit report on 20/09/2013.
What the consequence of above? while processing of return will this be included in income?
should i revise audit report now or nothing to do?
Please suggest
06 October 2013
Addition is warrantable in assessment. Though this is not a legal cause for revision , seek the facility available in income tax portal to revise the report.
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06 October 2013
thanks for reply sir, so as per your suggestion, i should go for revision....
date of filling audit report to change as date of revision ?
date of filling audit report to change as date of revision ?
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