I have read that revised return can be filed only if the original return is filed before due date ( 31/7/12) for individuals , Now some says that even when original return is filed before 31/3/13 we can revise the return , Is that true , ?
Can i carry forward the loss too if filed before 31/3/13 ?
07 September 2012
Only such return can be revised u/s 139(5) which have been filed upto due date. if it is a house property loss than it can be carried forward even if the return is filled late.