23 October 2008
I have filed ITR 4 for a HUF having proprietory business. There remained a mistake and I filed revised ITR 4. Now again there comes some items that are to be shown into the return.My query is that can I revise the ITR 4 again. Can a return be revised any number of times during the year. Please ans. Thanks a lot.
23 October 2008
As per Sec 139(5) of IT Act Any person who has furnished a return u/s.139(1) or in pursuance of a notice issued u/s.142(1) can file a revised return if the assessee discovers any omission or any wrong statement in the return filed earlier. Such revised return can be furnished at any time before the expiry of one year from the end of the relevant assessment year or before completion of assessment whichever is earlier.
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