can we revise the previous assessment year return .ie. 2012-13, after assessment order passed by income tax department ..after 31st march 2013..
akhtar hussain (ca) (52 Points)
26 June 2013can we revise the previous assessment year return .ie. 2012-13, after assessment order passed by income tax department ..after 31st march 2013..
Rahul garg
(ca final student)
(89 Points)
Replied 26 June 2013
YES, Return is revised within one year from the assessement year or before the assessement is completed.
Assessement refers to assessement made under section 1433) or 144.
Ishan kewlani
(Article)
(172 Points)
Replied 26 June 2013
No u can't revise the return after assessment order is passed. As per Sec. 139(5) return can be revised any time before the expiry of one year from the end of the relevant A.Y. or before the completion of assessment, whichever is earlier.