Mannu (Scientist) (59 Points)
25 July 2011If i have efiled my ITR at the site incometaxefiling.gov.in
and later on notice some modifications in the ITR submitted what should i do ?
Should i file a revised return ?? or file the return as original as due date is July 31 ?
I have yet not despathched the signed copy of the Acknowlegment to CPC ,bangalore ?
vishnupriya
(CA Final)
(1418 Points)
Replied 25 July 2011
After furnishing the return, if an assessee discovers any omission or any wrong statement in the return filed, he may file a revised return, subject to the condition that, the original return was filed within due date. An individual is required to file his return of income by 31st July of the assessment year.
Return can be revised at any time before the expiry of one year from the completion of the said assessment year orbefore the completion of assessment, whichever is earlier. It is also possible to revise a revised return provided it is revised within the prescribed time.
Now whether you have to file revised return or not depends on the modifications you noticed, kindly mention them.
Sanket
(!..Live to Give..!)
(16427 Points)
Replied 25 July 2011
If any person having furnished a return under 139(1), discovers any ommission or any wrong statement therein, he may furnish a revised return....
According to my knowledge you should go for revised return whether you have despathched the signed copy of the Acknowlegment to CPC ,bangalore or NOT....!!
Revised the return and despatched the same (i.e. Original and Revised) together....
amit jain
(Chartered Accountant)
(532 Points)
Replied 25 July 2011
amit jain
(Chartered Accountant)
(532 Points)
Replied 25 July 2011
you need to file revised return..
Shah Tarun
(Student)
(800 Points)
Replied 25 July 2011
CAclubindia
