Revised itr

My client has filed IT return  in ITR 4 (Business or profession) for A.Y. 2013-14 on 10th October 2013 (Late return) where as per the rule he supposed to file on or before 5th of August 2013.   In the return he had shown nil tax liability.  However after going through it is found that there is an error in computation and a liability of Rs. 8000/- aprox. has been arrived for the same A.Y.

What can be done in this case as revised return can not be filed for late return as per my knowledge.  Is there any other option left with the client ?

Replies (1)

As per Law it is not allowed but technically i think so it can be done.

while filing it will not show you any error of original return was late filed or anything.

since your motto is not to hide income and pay correct tax i don't think so it will cause any problem.

Pay your SA Tax along with interest as per 234 a/b/c

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details