Revised Return

This query is : Resolved

Dharmesh k. Dubey (Querist)
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29 July 2010 A Salaried Assesse filed his Return of income for ay09-10 in the month of Dec-09.After which some discrepencies were found in the return submitted. So can this return be revised under 139(5) ?

Thanks in anticipation.

CA Sanat Pyne

CA Sanat Pyne (Expert)
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29 July 2010 no a belated return can not be revised.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 July 2010 Belated return filed u/s 139(4) can not be revised u/s 139(5).

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CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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29 July 2010 Yes, Belated Return filed u/s 139(4) can't be revised at all.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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29 July 2010 Voluntary return under section 139(4) cannot be revised - Section 139(5) permits a later or revised return to be filed only when the return was filed under section 139(1). Filing of revised return is not contemplated under section 139(5) in cases governed by section 139(4) - Kumar Jagdish Chandra Sinha v. CIT [1996] 86 Taxman 122 (SC)/Dr. (Mrs.) Satyabhama Thakur v. CIT [1997] 223 ITR 791 (Pat.).