revise return
ANIL (student) (73 Points)
06 April 2018
can person revise his belated return after receiving notice 143 (2)
5 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 06 April 2018
As proposed in Budget, 2016, w.e.f. 1st April, 2017, now the belated can also be revised in the same way as the returns filed within due dates are revised i.e., within 1 year from the end of the relevant Assessment Year or the assessment been made by the department, whichever is earlier. This reform gives an opportunity to taxpayers to revise, correct or incorporate any relevant data in their ITR, omitted or wrongly filed by them, even if they had filed their ITR belated.
ANIL
(student)
(73 Points)
Replied 06 April 2018
thank u
but i made returns fy 2015-16 and 2016-17 31-3-18 can i do the same
but i made returns fy 2015-16 and 2016-17 31-3-18 can i do the same
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 April 2018
No you can't as 1 year from the relevant A.Y. passed.
RAMAKRISHNAN R
(INCOME TAX OFFICER)
(1736 Points)
Replied 07 April 2018
mr. anil, please clarify your query
rama krishnan
(12239 Points)
Replied 07 April 2018
you can revise before the end of assessment year or before the end of assessment which ever is earlier
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