How can I rectify the transactions which are given in the previous return or provide the additional transactions which are not given in the previous return for joint transactions?
A48 In case of correction in details of any transaction originally furnished in the previous return, two ‘Transaction Detail’ records should be furnished in the Supplementary information. 1st record should carry ‘Revision Mode’ as ‘D’ for all transactions in the joint parties provided in the previous return and the field ‘Transaction Serial No to be Revised’ should mention “Transaction Detail Record Number” of the corresponding transaction to be revised as per the previous return filed for the same financial year for all transactions in the joint parties and 2nd record should carry revision mode as ‘A’ for modifying the transactions in one or more transactions in the joint parties alongwith the transactions in the joint parties which are not modified and the field ‘Transaction Serial No to be Revised’ should mention “Transaction Detail Record Number” of the corresponding ‘D’ mode. • If a transaction originally furnished in the previous return is required to be deleted; two transaction
Related Questions
- How can I rectify the transactions which are given in the previous return or provide the additional transactions which are not given in the previous return?
- What additional documents and information will the Service request from the taxpayer when resolving transactions described in Notice 2003-54?
- How are cortisone injections of a joint given?
