there is provision that reviced return must be filed within 60 days from oreigal return Q) what is fine or Panelty if it is file after 60 days of the oreginal return ?
What is validity of return ?
bhavin (article) (40 Points)
12 December 2009there is provision that reviced return must be filed within 60 days from oreigal return Q) what is fine or Panelty if it is file after 60 days of the oreginal return ?
What is validity of return ?
Hari Babu
(CA Student)
(82 Points)
Replied 12 December 2009
If you study sub sections of section 134 of Income Tax Act, then u will get clear picture.
I think revised return can be filed one year after original return.