Revised return

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2014 Sir,
I have a query.

If some one filed original return on due date and subsequently revised the return.

For submitting ITR V there is time allowed by CPC is 180 days. However before expiry of 180 days from submitting revised return original return get processed.

Then what will happen to revised return.

20 December 2014 As per section 139(5) a return can be revised upto the date one year from the end of relevant assessment year i.e for financial year 2013-14 a return can be revised upto 31st March 2016.

In you case ITR will again reprocess and have no implication

20 December 2014 Additionally, time allowed for submission of ITRV is 120 days and not 180 days.


20 December 2014 you have to send the return acknowledge within 120 days from the date of filing of return. and if you file return after due date then you cannot revised the return.



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