Revised return

This query is : Resolved

AARTHI (Querist)
Follow

04 September 2012 I have done efiling for AY2012-13 belately and wrongly filed. I cannot do revised return. As I have done efiling, ITR - V would be valid only if it is sent within 120 days to Bangalore. My query is : Can i do manual filing now without submitting ITR- V generated electronically.

shivaji prasad bhimavarapu

shivaji prasad bhimavarapu (Expert)
Follow

04 September 2012 Though it is not dealt anywhere,I think your opinion is right.If the ITR-V is NOT sent, it becomes invalid return.Then Manual return can be filed.

Message likes : 1 times

AARTHI

AARTHI (Querist)
Follow

05 September 2012 Why can't we file rectification petition as the mistake is apparent though there would be change in total income?

Upgrade to CAclubindia Pro. Subscribe Now!

Taxguy

Taxguy (Expert)
Follow

09 September 2012 Rectification only after intimation is passed, you will be ending up with Demand. SO better to file manual return and seek urgent processing by abandoning efiled return