Revised return of already processed itr?

898 views 9 replies

Kartik

CMA

138 Points Joined July 2014

My return(ITR4) for AY 2015-16 is processed by IT department but now I want to revise it, can we revise ITR return online if it is already processed? If yes than how? Is it same way we revise original return or there is any other procedure

Replies (9)

meenakshi

trainee

251 Points Joined December 2015

139(5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.

In your case return is processed by department that means assessment is completed then you can not revise your return.

CA CHETAN GUPTA

588 Points Joined September 2009

Hello Kartik,

Meenakshi is Correct.

You can't File Revised Return after Completion of Assessment.

Thanks.

CA Amit Prakash Sharma

Chartered Accountant

92 Points Joined May 2008

You still revise the return because there is difference between processing u/s 143(1) & assessment u/s 143 (3) and 148.

CA Hanuman Innani

Charteted Accountant

72 Points Joined February 2011

For revision of return it should be filled within the due specified u/s 139 (1). There is difference between 143(1) assessment and 143(3) assessment. After carefully reading that section i can still revise the return. For revision reason should be omission or wrong statemen.

Kartik

CMA

138 Points Joined July 2014

I have filed return within due date u/s 139(1) and have got Intimation u/s 143(1). I have made some wrong calculation, now how can I ractify/revised such mistate. Can anyone pls tell details procedure. Thanks in Advance.