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Advise needed

Efiling 691 views 6 replies

MD. RAFI

Manager Accounts (future CA)

670 Points Joined June 2010

E-filling ITR for AY 2011-12 filled on 24/11/2011 after due date. In the profit and loss statement Salaray & wages, bank interest and other expenses wrongly filled (crerical mistake) but the net profit remains the same as in audited balance sheet. There is no difference in taxable income and tax liability. What shall I do to correct the PL statement in ITR? As return was filled lately we can not revise it u/s 139(5). Please advise me. Can I file correction after receiving 143(1).

Thanks in advance.

Replies (6)

Guest

try icai's e-sahayta

CA Miss Naamah

N H R & Associates

377 Points Joined October 2008

Since the net profit remains the same and also tax liability.. just wait and watch. Let the assessment order come.

MD. RAFI

Manager Accounts (future CA)

670 Points Joined June 2010

Originally posted by : lloyd
	Tax Back

What does it mean?

MD. RAFI

Manager Accounts (future CA)

670 Points Joined June 2010

Originally posted by : CA Miss Naamah
	Since the net profit remains the same and also tax liability.. just wait and watch. Let the assessment order come.

Mam! we received 143(1), tax is assessed as computed by us. There is no additional demad of tax. Now waht to do? Shall we file correction or leave it as it is.