05 June 2009
Please answer my two queries - whether a company having a loss approx. 4 Crores in F. Y. 2007-08, who has already filed its ITR in time, 1. can file revise return? 2. by what time it can file so?
05 June 2009
Revised return can be filed at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier, i. e. the return for F. Y. 2007 - 08 can be revised upto 31st March, 2010 or before completion of assessment whichever is earlier