SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
28 July 2010CAN YOU TELL THAT REVISED ITR CAN CAN REVISED AGAIN?IF YES THEN TELL ME THE CASE STUDY FOR THIS CASE?
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 29 July 2010
Only return file under sec 139(1) and return filed in persuance to the notice under sec 142 should be revised u/s 139(5) as per IT act, 1961.
There is no need of any case law, since the law makes fully clear about the provision.
Regards,
Manoj
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 29 July 2010
Revised ITR can be filed if the original ITR was filed in time. There is no restriction on the number of times ITR can be revised.
kishan
(e)
(61 Points)
Replied 29 July 2010
A FILE SUBMITED U/S 139(1) IS REVISED............IF U HAVE SUBMITTED FILE US 139(1) THEN U WILL REVISED ......THERE R NO RESTRICATION..
CA VINAY BANSAL
(In job with KPMG)
(289 Points)
Replied 29 July 2010
"DHAMPUR SUGAR MILLS"
Revised returns steps into the shoes of original return and so the re is no revised return. it becomes original return. no existence of older return.
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 29 July 2010
| Originally posted by : Aditya Maheshwari | ||
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Revised ITR can be filed if the original ITR was filed in time. There is no restriction on the number of times ITR can be revised. |
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RAKESH
(Almost CA)
(2199 Points)
Replied 29 July 2010
u can revise return n number of times if the original return has been filed within due date and the n number of times limit is upto only one year from the end of relevant assessment year.
CAclubindia
