Ashwin N (Chartered Accountant) (192 Points)
02 December 2014Hi All,
F.Y:-2012-2013
A.Y:-2013-2014
Original Return Filed:- 23/07/2013.
Defectative return Filed:-01/04/2014.
Now, recd intimation u/s143(1) for payment of tax,Assessess comes to know that income is shown more than actual.The assessee wants to file revised return.Whether he can file revised return ? as original return was defectative.If yes,whether he has to put acknowledgement of original return or defectative return.
Thanks
Rohit Gupta
(Audit Executive)
(271 Points)
Replied 02 December 2014
Dear Ashwin,
Please let me know whether the defective return was rectified with in the time limit provided by the AO for rectifying the mistake or it was filed later on.
Regards
Rohit Gupta
RHT1203 @ GMAIL.COM
CA Kanj Goel
(Division Manager)
(372 Points)
Replied 02 December 2014
Hi Ashwin,
When the assessee has received an intimation under section 143 (1) I would suggest to file the rectification of return us 154 instead of filing the revised return.
As far as revised return is concerned you can file it upto 31.03.2015 for a.y 2014-15 as many as time you want to correct data, if the original return is filed u/s 139(1). In your case you have submitted original return on time so you can easily revise the ITR.
Ramprasad
(Sr Accountant)
(31 Points)
Replied 02 December 2014
Ashwin N
(Chartered Accountant)
(192 Points)
Replied 02 December 2014
defectative return was filed before time limit given.
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6881 Points)
Replied 02 December 2014
As per provision of Section 139(4) retung can be revised within period of one year from the end of relevant Assessment Yaer or date completion of assessent which ever is earliest.
in your case it seems that no assessment has been made by Assessing officer, therefore you can revised your return upto 31st March 2015.
CA Kanj Goel
(Division Manager)
(372 Points)
Replied 02 December 2014
Dear Ashwin,
Defective return filed after filing the original return does not effect the santity of original return and you can still revise/rectify the ITR.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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