After aseessment 143(1) can revised income tax return

This query is : Resolved 

20 August 2012 INCOME TAX RETURN UPLOADED IN-TIME FOR ASSESSMENT YEAR 2011-12 F.Y. 2010-11 ON DATED 28- JULY-2011 AFTER HIS ASSESSMENT ARE RECEIVED 143(1)HOW CAN REVISED RETURN AND SECTION ?

20 August 2012 Return Can be Revised.

20 August 2012 It can be revised on the basis of section 143(1)


20 August 2012 REASON PLEASE?

20 August 2012 1. Please understand that 143(1) is NOT an assessment.
It is PROCESSING of return.

U/s 143(1), an intimation is generated. An assessment order is NOT issued.

2. SInce, 143(1) is NOT an assessment, return can be revised.

20 August 2012 Ohhhh.Its 143 (1), Not 143 (3),
Return Can be Revised.

Intimation is received, its not an assessment, so the return can be revised.

21 August 2012 on which section?
139(1)
139(4)
142(1)
148
153(a)/(c)
139(5)
?

22 August 2012 Revised return is filed u/s 139(5).




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries