15 May 2021
Hello Everyone ITR has been filed under ITR 4 in presumptive basis but Intimation received U/s 139(9) by saying to prepare P&L & BS. But he has revised his return but he has not considered 1 TDS amount while revising. My query can I revise ITR second time ? Because ITR filed & revised but, not considered one of the TDS in 26as while filing.
16 May 2021
A return filed u/s 139(1) or 139(4) may be filed any number of times within the time allowed but before completion of assessment. Processing u/s 143(1)(a) is not an assessment so even if the return is processed and intimation is issued the return may be revised within the allowed time which for AY 2020.-21 is extended upto 31.05.2021.