Revise return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2013
Till which date can we revise Income Tax Return ???
29 April 2013
Those returns which are filed u/s 139(1) only possible to file revised return u/s 139(5) upto the due date u/s 139(4).
I.e for example if you filed For A.Y 2012-13 return of income with in 31-7-2012(i.e for this case due date u/s 139(1) is 31-7-2012) then you can file revise return u/s 139(5) upto 31-3-2014.
In simple a return which is filed with in due date as per section 139(1) can be revise upto expiry of one year for the end of such assessment year or completion of assessment for such year which is before.
So for the above example eventhough you have time to revise upto 31-3-2014 but assessment has been completed before to the date of filling of revised return then you can't file revise return.
In one word revised return can be file upto one year from the end of such assessment year or completion of assessment year which is earlier.
OM SAI SRI SAI JAI JAI SAI
I.e for example if you filed For A.Y 2012-13 return of income with in 31-7-2012(i.e for this case due date u/s 139(1) is 31-7-2012) then you can file revise return u/s 139(5) upto 31-3-2014.
In simple a return which is filed with in due date as per section 139(1) can be revise upto expiry of one year for the end of such assessment year or completion of assessment for such year which is before.
So for the above example eventhough you have time to revise upto 31-3-2014 but assessment has been completed before to the date of filling of revised return then you can't file revise return.
In one word revised return can be file upto one year from the end of such assessment year or completion of assessment year which is earlier.
OM SAI SRI SAI JAI JAI SAI
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2013
Thaank you
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Gst input for FY 23-24
- Bogus purchase treatment for it act gst dealer
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
