nilesh (proprietor ) (174 Points)
21 September 2013please inform me the due date of filing assessment year 2011-2012 as my colleague has filed it on 29/09/2011 & wants to revise it please let me know
thanks & regards
nilesh sarvaiya
One Of A Kind
(CA Final & CS Professional Student)
(187 Points)
Replied 21 September 2013
It can be revised within 1 year from the end of the relevant Assessment Year or the completion of Assessment whichever is earlier.It can be revised till 31.03.2013
Rajiv
(Senior Accounts Officer)
(1548 Points)
Replied 21 September 2013
Studentsca
(CA Practice )
(3577 Points)
Replied 21 September 2013
If it was Tax Audit Case in that case you could revised the return till 31.03.13 and if non tax audit case then it can not be revised as it is belated return.
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 21 September 2013
agree with all...
it can be revised after 31.03.2013 in any case... as the date has been lapsed, thus, it can't be revised now...
tarun
(entership)
(53 Points)
Replied 21 September 2013
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 22 September 2013
Dear Tarun sir,
LTC you received on retirement is exempt under income tax, but the pension he received is taxable.. like his salary income...
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
