banner_ad

Income tax query urgent

521 views 3 replies

 

Dear ,

Mr.X has not show the Agricultural income in the Return Filed for F.Yr 10-11.

Please let me know what is the way out for the above as the Rectification Return can be filed til 31st 2013.

And Consequences

 

Thanks

 

 

         

Replies (3)

No.Revised return can be filed if the original return is filed within the due date relevant to that Asst Year and also if there is any change in the total income. In  this case, agricultural income does not form part of total income.

The rectification u/s 154 should be passed with 4 years from the end of the financial year in which intimation/deemed intimation u/s 143(1)was passed. So in your case the return can be easily rectified online & your should pay the difference tax & interest thereon with it. Regards, Kuldeep
'with 4 years' stands for 'within 4 years' & 'Your should pay' stands for 'you should pay'


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details