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Revised income tax return

This query is : Resolved 

29 December 2011 Most urgent:-
whether a income tax return can be revised after receiving intimation U/S 143(1.

29 December 2011 Yes the income tax return can be revised up till the assesment is over.

Regards

29 December 2011 Intimation u/s 143(1) does not mean assessment. So you can file the revised return.


29 December 2011 Where original return is filed within due date of filing ITR, such return can be revised before expiry of one year from the end of relevant Assessment Year provided assessment is not completed.

Intimation U/s 143(1) is not assessment within the provisions of Income Tax Act and therefore a return can be revised even after receiving Intimation U/s 143(1).



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