It return revision timelines

Satya (Professional) (92 Points)

28 September 2016  

In the new computer driven world the timelines for revision seem ever shrinking. For assesment yr 2016-17 If I filed a return on the last date of return filing i.e. Aug 5th and the 143(1) notice is already received, Is there still a possibility for revision ?

Assuming Yes, What is the "NEW" likely timeline before before the revision window gets closed ? Is there a way for the Assessment to be put on hold i.e. the assessee is going to revise the return by So and so date so please hold back on assessment ?

Regards