revised belated return of a.y16-17

ramaditya (fresher) (36 Points)

01 April 2018  
I filled itr for ay 16-17 on 25march2018 with zero tax liability us 44AD also e-verfied it.
But on 26march2018 I revised it and submitted the same in which I paid 700 tax .
actually revision of belated applicable from FY 16-17.so whether they admit the revise return?

will Income Tax dept.accept the revised return.!?
if no,then what will happen...any penalty or prosecution aganist me...will I get refund of my paid 700 tax...
please help me out... it's very urgent....

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