31 July 2008
INCOME TAX DEPARTMENT DOES NOT CHARGE ANY FEES FOR FILING RETURNS
A RETURN CAN BE REVISED ONLY IF THE ORIGINAL RETURN WAS FILED ON DUE DATE.
SECTION 139(5) STATES AS UNDER:
5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier :
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