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Revises Return

08 March 2018

My friend filed his return(A.Y-17-18) on 11TH nov. 2017. At that time he did some mistake in his income figure.
Can he eligible to filing revised return system.?
If not than what he will do.?

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10 Replies

Miss Mansi Bhojani (Practicing Chartered Accountant) (1736 Points)
Replied 08 March 2018

Belated return can not be revised as per Income tax act.

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Rishi Mehta (Ur friend ) (1533 Points)
Replied 08 March 2018

Yes, he is eligible to file revised return till 31.03.2018. Now belated return can be revised .

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 08 March 2018

Yes... Revised return available for the AY 2017-18...

NARESH CHANDRA KHANDURI (KHANDURI&ASSOCIATES) (86 Points)
Replied 08 March 2018

yes he is eligible before 31 March 2018 to file revised return

Miss Mansi Bhojani (Practicing Chartered Accountant) (1736 Points)
Replied 08 March 2018

Yes it was error on my part to see the Assessment year properly. From AY 2017-18 belated returns can be revised. So this return can be revised till 31.3.2019.
So sorry for the error.

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NARESH CHANDRA KHANDURI (KHANDURI&ASSOCIATES) (86 Points)
Replied 08 March 2018

mam it can be revised till 31 March for assessment year 2017-18

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 08 March 2018

Originally posted by : NARESH CHANDRA KHANDURI
	mam it can be revised till 31 March for assessment year 2017-18

Yes... Revised return can be file upto 31st March 2019 for "ITR AY 17-18"... Original Return ended on 31st March 2018...

Miss Mansi Bhojani (Practicing Chartered Accountant) (1736 Points)
Replied 08 March 2018

Thanks a lot Raja P M sir for guiding me.
I was well versed with this amendment but it was error on my part to see the Assessment year properly.
Thanks a lot sir
Sorry once again.

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