my friend made mistake while he was making itr 2015.16 he wrongly entered and get the deduction 80c tution fees of self education the amount is 150000.
gross total income - 415000
deduction 80c - 150000
total income 265000
please tell me which type notice will come
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deduction entered wrongly
Replies (5)
Digital verification of ITR is not upto the mark, only defects apparent on records are noticed.
But in case the ITR is selected for scrutiny (for any other reason), you will get notice to produce all such evidences.
thanks sir
but one more question if evidences are not available what will happen sir
but one more question if evidences are not available what will happen sir
Tax liability with interest. .... Penalty may be condoned, on your request...
Evidences not available then the deductible amounts add to Your taxable income and Charging Tax with interest and Penalty...
our income is exempted u/s 10(16) but we filed wrong
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