ARUN KUMAR (ACCOUNTANT) (93 Points)
12 January 2017One of my friend filled Return by selecting Presumptive Basis of Income and again he wrongly revised the return ITR 4 for which he has received notice us 139 (9) as defective return and he did not reply for the same, subsequently that return status is showing as an Invalid Return.
Can he file revised return again in this case under Presumptive Basis of Income?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 12 January 2017
INVALID RETURN cannot be revised now. File belated return u/s. 139(4).
ARUN KUMAR
(ACCOUNTANT)
(93 Points)
Replied 12 January 2017
Can we file revised return for the original Return?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 12 January 2017
No. Original return is invalid now. File afresh.
raman bajaj
(4 Points)
Replied 14 January 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 14 January 2017
Invalid return, practically means cancelled return, or as if return not filed, or doesn't exist.
CAclubindia
