belated return

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  1. Devasish goswami

    Devasish goswami New Member

    Sir I fill AY 2015-16 belated return but it has mistake now show huge profit. now how I correct my return plz reply as soon as possible
     
    Prakash Murarka likes this.
  2. ZED

    ZED Well-Known Member

    Return has been filed by you already?
    When was it filed? Is the tax is showing payable?

    If possible, I wish to see the return.
     
  3. Devasish goswami

    Devasish goswami New Member

    Yes I I fill it already today no tax is not payable
     
  4. Devasish goswami

    Devasish goswami New Member

    PDF it return
     
  5. ZED

    ZED Well-Known Member

    Kindly remove the file from the site immediately. You should not disclose any personal info on web which might be misused against you.

    Your query is not clear, you said showed huge profit. The income is shown as 202,794. Is this over-stated?

    [Further, I asked for ITR- form and not the ITR-V , ITR- form is detailed and hence unable us to probe deeper into the matter.]

    If any document is to be sent , then send it to my mail.
     
  6. Devasish goswami

    Devasish goswami New Member

    When u calculate profit is around 90% no any retail businesses give u that kind of profit
     
  7. ZED

    ZED Well-Known Member

    The income is not taxable, let it go. Normally a return can not be revised if its belated.
     
  8. Devasish goswami

    Devasish goswami New Member

    Sir I know it is not taxable but profit is very high IT dept. May be Sent notice I think & from next year I have to show profit around it & it is not correct it return is there any solution for ccorrectio.
     
  9. ZED

    ZED Well-Known Member

    Notice might come and you will have to reply to it accordingly. Show the profit as it will be in the next year. This is one of the many disadvantages of not filing the return at time.

    You may send a letter to AO informing him about this issue.
     
  10. Devasish goswami

    Devasish goswami New Member

    OK sir thanks 4 entertain
     
    ZED likes this.
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