Disclosure of Additional Income in 148 Return

The IT return was filed u/s 139 and there was a survey. After the Survey, based on the 148 notice, return was filed u/s 148 disclosing the additional Income. Whether the 139 return or 148 return is considered for penalty u/s 270A. Also Kindly let us know the procedure for Survey assessment. Thank you in advance

Replies (5)
Quick Summary
This discussion addresses concerns regarding income disclosure in a return filed under Section 148 following a survey and a Section 139 filing. The core question is whether the original 139 return or the subsequent 148 return is used to determine penalties under Section 270A. Additionally, the user seeks clarity on the assessment procedure following a survey, particularly concerning reopened returns from the last six years and potential penalty amounts.

Post order copy of the assessment order

Original assesment done or not

This was pertaining AY 2022-23 and the survey happened around 6 months back. They reopened last 6 years return. 

Sure. I will check and revert. This was pertaining to AY 2022 -23, wnd the survey happened around 6 months back. They opened last 6 years return. Client expecting response from department w.r.t penalty amount

Any updates on the request.

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