Respected Sir / Madam.,
A individual Assessee wrongly taken the interest paid amount on Personal loan Rs. 50k in his ITR for the AY 2016-17. But the Personal loan amount Rs. 3L and its using business.
Now., I got the books f accounts and found the details. In this situation
What are the steps taken myself for filing ITR...?
Can I reverse the Interest amount Rs. 50k in AY 2017-18 for wrongly taken in AY 2016-17? or
Can I continue taken the Interest amount as Expenses...?
CAclubindia
