Itr -1

I FILED AN ITR-1 FOR AY 12-13 ON MARCH 30TH 2013... ( late return and cannot be revised) AND BY MISTAKE I INCLUDED HOUSE PROPERTY INCOME OF RS 150,000( negative) OF INTEREST PAYMENT WITH THE SALARY FIGURE AND THUS REDUCED THE SALARY IN GROSS....

SINCE COMPLETE ITR HAS NO HOUSE PROPERTY INCOME AND ONLY SALARY and TDS DEDUTED AS PER ITR AND AS PER FORM 16 AND ALSO AS PER FORM 26AS HAVE MATCHED...SO WOULD IT CREATE ANY PROBLEM FOR THE ASSESSEE BECAUSE OF THE TWO HEADS OF INCOME CLUBBED TOGETHER....???

 

PLEASE ADVICE... 

Replies (2)

this is incorrect way of filing and may result in notice from dept.

ok... even if the deptt gets to learn about the mistake and even if 143(1) is done... it would lead to ZERO tax liabilty... as there is no concealment and tax would have been the same had the interest payment of 150,000 was shown under HP....

im i correct..???

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