Delay in filing revised return of Income

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..... Delay in filing revised return of Income
Query (Issue) Started By: - ROHIT GOEL Dated:- 13-1-2023 Last Reply Date:- 29-3-2023 Income Tax
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Income Tax
In one of the case of firm .....

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..... while filing return of Income for AY 2022-23, interest paid to partners was added back to firm's income but inadvertently interest paid was not claimed as expenditure. In this way taxable Income .....

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..... has increase and now date of filing revised return which is 31-12-2022 has also lapsed. Can CCIT condone the delay of filing revised return u/s 119(2)(b) and if yes how to file the Income Tax return .....

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..... because system do not allow return u/s 119(2)(b) prior to 31-3-2024 Reply By Padmanathan Kollengode: The Reply: Has the partners declared this interest as their income in their returns? you can app .....

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..... ly for revision under section 264 of the Act before CIT.
Discussion Forum - Knowledge Sharing .....

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