umesh (service) (34 Points)
09 July 2008Hi!
I had filled ITR for last assessment year on time. Since i m a salaried person, ITR was filled on the basis of Form-16. However, i had disposed-off house property (purchased in 1998) during this period, the same was not reflected in the ITR.
I want to know the procedure for filling revised ITR.
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 09 July 2008
dear,
procedure for revised return u/s 139(5)
1. you have been furnished the ITR within due date u/s 139(1) if yes then you furnished tue revised Itr.
2. Time period
which ever is erlier
a) within one year from the end of assessment year
or
b)date of compeletion of assessment
CAclubindia
