Dear All,
Return of income for the AY 2011-12 was submitted within due date and after submission of return (being tax audit) data entry mistakes were traced in Bst with regard to secured loans and cash in hand.
Can mistakes in bst data could be made by submitting rectified return before close of the financial year or else this may lead to select of scrutiny u/s.143(2) of IT Act'1961
Do provide suggestions on the above.
Thanking U
Bonafide mistakes can be rectified by filling Revised return, if the original return is filled in time.
Revised return due date - within one year from the end of relevant assessement yr or before completion of assessement whichever is earlier.
Karia Overseas
Ahmedabad
CA
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New Delhi
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