23 September 2010
AN INDIVIDUAL FILES HIS I.T RETURN FOR THE ASSESSMENT YR 2010-11 AFTER DUE DATE I.E ON 06.08.2010 & AGAIN HE SUBMITS A REVISED RETURN FOR A REFUND AMOUNT(NOT ACCOUNTED FOR EARLIER).SO QUESTION IS WHETHER IT WILL BE ALLOWED OR NOT!/ REFUND AMOUNT HE WILL GET OR NOT! *THE REVISED RETURN HAS NOT BEEN SUBMITTED THRU ONLINE.
23 September 2010
No belated return filed u/s 139(4) can not be revised u/s 139(5). Hence revised return will not be accepted. But say if you forgot to claim the TDS amount then you will still get the refund on the basis of 26AS, as the credit is given on the basis of 26AS. But all this provided you filed online.