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?
A47 • 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. The 1st record should carry ‘Revision Mode’ as ‘D’ and the field ‘Transaction Detail 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 and 2nd record should carry revision mode as ‘A’ 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, then only one transaction detail record needs to be provided in the supplementary Information which would carry ‘Revision Mode’ as ‘D’ and the field ‘Transaction Serial No to be Revised’ should mention “Transaction Detail Record Number” of the corresponding 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 for joint transactions?
- What additional documents and information will the Service request from the taxpayer when resolving transactions described in Notice 2003-54?
- What thought has been given to additional NHS Health provision?
