Unfortunately, the client(Salaried employee) has declared a excess amount of Rs. 25,000 under section 80C and the same has reflected in the form 16 part B.
Now while filing income tax and filling up ITR -1, can we reduce the deductions and file the same?
would there be any future consequences because of this ?
Menu
Excess deduction wrongly declared
Replies (2)
better to revise the TDS return
You can change in ITR and pay the difference amount of tax payable.
Recent Topics :
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
Related Topics :
CAclubindia
