Revised return validity & Mat related issue.

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....evised return validity & Mat related issue.<br> Query (Issue) Started By: - G. Tipra Dated:- 4-12-2014 Last Reply Date:- 15-1-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>Fact of Case: Assessment y....

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....ear 2012-2013 Corporate Assessee Original Return filed in time. 139(1) Problem: During scrutiny- AO observe MAT payable against deduction u/s 80-IC and issue notice u/s 142(1). 80-IC income becom....

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....e liable to Mat as the per the amendment. Against such notice - Revised return is filed on 15/09/2014 accepting MAT payable - Tax has been deposited with interest - And Copy of 29B dated 25/08/20....

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....12 to AO Query: Whether Revised return can be Accepted or rejected? Is penalty on the ground of intentional omission can be imposed? Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you got cla....

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....rified in the above issue? If not please inform.<br> Discussion Forum - Knowledge Sharing ....