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ITR revise

Manish mundai (delhi) (65 Points)

30 March 2017

whether return can be revised if filed after due date...if yes...which itr need to be sent to CPC

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8 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 30 March 2017

Not possible

Niraj Nirala (Student>>CA>>IPCC) (134 Points)
Replied 30 March 2017

belated returns can't be revised at all

Manish mundai (delhi) (65 Points)
Replied 30 March 2017

it can be revised...and i am sure about it

Manish mundai (delhi) (65 Points)
Replied 30 March 2017

coz i filed a return in which i took deduction u/s 24(b) of amt rs. 30,000 but it should have been taken at rs. 2,00,000 so i revised the return and it was accepted...and now i have downloaded the Revised ITR V ...but i m not clear about which itr need to be sent to bangalore..?

Manish mundai (delhi) (65 Points)
Replied 30 March 2017

Although income tax act 1961 states that belated return cant be revised but still i am able to file revised return...may be due to their non-updation of their software/system.....like now the dept have updated their

Manish mundai (delhi) (65 Points)
Replied 30 March 2017

systems and now we recieve defection notice u/s 139(9) (as books are required to be maintaned u/s 44AA if the gross receipts or profit exceeds the specified limit)