Can we revise itr 4 after survey for filling inventory figures and not for increase of income.

Can we revise ITR 4 after survey for filling inventory figures and not for increase of income.For claiming credit of opening stock may not otherwise available.

 

Replies (3)

I think, Yes.

Will there be penalty us 271(1)(c) for changing only stock figure (not filled earlier),there will be no change in income. Thanks for replying.

Should not be as books of accounts not mandatory in this case.

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