Revised Return

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ARTICLE
382 Points Joined February 2016
If original return for the A.Y.2018-19 is filed in time i.e. before 31st Aug 2018 then if he filed revised return after the above mentioned date then whether penalty of Rs.1000 or 5000 will be levied or not?
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On 26 August 2018 at 12:52 Report
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SEO Sai Gr. Hosp.
210662 Points Joined July 2016

No 

 

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On 26 August 2018 at 13:08
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ARTICLE
382 Points Joined February 2016
Thank you sir for your reply so it means in terms of date of filing revised return replace the original return...
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On 26 August 2018 at 13:44
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CA in Practice
522 Points Joined March 2018
No the late fees is on Orginal return filing.

You can revise your return anytime before end of Assessment year or before your return is processed without any late fees.
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On 26 August 2018 at 13:45
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ARTICLE
382 Points Joined February 2016
Thank you sir for your reply so it means if return is processed and then we revised it then penalty will be levied?
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On 26 August 2018 at 13:51
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Student CA Final
431 Points Joined December 2014
penalty will be levied only if the original return is not filed within the applicable due date. once the return is processed u cannot revise it.
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On 26 August 2018 at 16:49
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59 Points Joined August 2017

WHEN I WRONGLY SUBMITTED ITR2 BUT NOW I REVISED RETUN FILLED IN ITR4 SO CAN THIS IS POSSIBLE?

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On 26 August 2018 at 16:59
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Student CA Final
431 Points Joined December 2014
yes that can be possible...since u have filed before due rate... penalty will not be levied
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On 26 August 2018 at 17:04
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59 Points Joined August 2017

ONE MORE QUETION  WHEN PARTNERSHIP FIRM'S NET PROFIT BELOW 8% AFTER INTEREST & REMUNERATION THEN TAX AUDIT COMPULSARY

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On 26 August 2018 at 17:24


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