Question ID :
44716
082701
A cooperative society has furnished Audit note of Society Inspector( who does Statutory Auditor) and financial statements for Tax audit and tax audit report has been furnished.Now we find there is mistake in Profit and loss account. One entry around Rs 70000- has been entered twice Whether We should revise TAR altering the deduction amount under Sec 80P so that tax i\liability is nil or pay tax
on Rs 70000- by adding back Rs 70000-
Posted by
Mahesh Kumar
on
Aug 24, 2024
Filed Under
AUDIT
Better to revise the ITR having found the error
Posted by
SIVADAS CHETTOOR on
Jan 24, 2025