Revised return

This query is : Resolved

Abilash (Querist)
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03 October 2012 RETURN FOR THE A Y 2011-12 WAS FILED ON 05-07-2011 AND REFUND OF Rs.20,000/- WAS RECEIVED. BUT ASSESSEE OMITTED TO CLAIM DEDUCTION U/S 80C IN THE ORIGINAL RETURN. IS IT POSSIBLE TO REVISE THE RETURN FOR CLAIMING DEDUCTION U/S 80C AND HOW WE WILL SHOW THE AMOUNT OF REFUND ALREADY RECEIVED IN THE REVISED RETURN

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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03 October 2012 As you have filed the original return before due date , you can revise the return u/s 139(5). Since the processing u/s. 143(1) is not an assessment.

And Moreover omit to claim deduction is allowable ground for revision.

You need to mention acknowledgement number of original return. (no need to show the refund amount, department will take care)