16 February 2014
Dear Experts I have filed a belated Income tax return for AY 2013-14, and then revised it. but still that return contain some clerical mistakes and i am not going to send ITR-V to banglore. I have claimed refund in that return.
what will be the consequences of it. please help Thanks in advance.
16 February 2014
is there any penal provision because that return is belated as i heard about that one cannot revise return when return is belated i.e. U/s 139(4)
16 February 2014
There is no penal provision. As the department's site permits to file a revised return you can revise. It depends upon the CPC whether it considers it or not, but you will be free by discharging your obligation to the extent best possible, in the given circumstances. .
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