Filing of revised it return

This query is : Resolved

amit dadhich (Querist)
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07 December 2015 Dear Experts,

My client has filed IT return i.e ITR 4 for Asstt year 2012-13 on 24/07/2012 ( within Due date ) , he has now noted that he has forgot to declare TDS deduction, can he file the revise return now, if yes, what is the process.

Thanks

Amit

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 December 2015 kindly refer this http://www.itatonline.org/info/index.php/cbdt-circular-on-condonation-of-delay-in-filing-refund-claim-and-claim-of-cfd-of-losses/

amit dadhich

amit dadhich (Querist)
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07 December 2015 Thanks Mr. Nikhil for your reply,

The link you have shown is for delay in filing the returns, in my case it is Revised returns, will the same be applicable even to revising of Returns to claim refund.

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CA John Abraham Austin ACA

CA John Abraham Austin ACA (Expert)
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07 December 2015 Well, accouring to sec 139(5), before the expiry of 1 year from the end of the Relevant
Assessment Year or before the completion of assessment (whichever is earlier).

Here, one year is exceeded. So you can not revise your return even if you have filed it within due date. This is because of the time barring.

Hope it is clear.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 December 2015 you are not going to revise your return, you need to rectify the tax credit. so cover it under 154.