04 August 2008
As per sec 139(3)if i wnt to carry forward my loss i hv to file my return under the limits specified under sec139(1)ie for individual who doesnt need to audit the limit is 31st July. As per sec 139(5)i can file a revised return within 1 year of asst year.
My Question is , If before 31st july i have filed a return having income, then can i u/s139(5)file a revised return stating loss . Is there any case law regarding this
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