filing of return of income

This query is : Resolved 

11 February 2009 for how many times a return can be revised and what is the time period

11 February 2009 If after furnishing a return, any omission or wrong statement is discovered, a revised return can be filed u/s 139(5) at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, which ever is earlier. If the above conditions are satisfied a return can be revised any number of times.

11 February 2009 After furnishing a return on or before due time and if any omission or wrong statement is discovered, a revised return can be filed u/s 139(5) at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, which ever is earlier.
If the above conditions are satisfied a return can be revised any number of times.




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