After aseessment 143(1) can revised income tax return
This query is : Resolved
HARSH KOTHARI
(Querist)
20 August 2012
INCOME TAX RETURN UPLOADED IN-TIME FOR ASSESSMENT YEAR 2011-12 F.Y. 2010-11 ON DATED 28- JULY-2011 AFTER HIS ASSESSMENT ARE RECEIVED 143(1)HOW CAN REVISED RETURN AND SECTION ?
CA Ayush Agarwal
(Expert)
20 August 2012
Return Can be Revised.
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SANYAM ARORA
(Expert)
20 August 2012
It can be revised on the basis of section 143(1)
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HARSH KOTHARI
(Querist)
20 August 2012
REASON PLEASE?
20 August 2012
1. Please understand that 143(1) is NOT an assessment.
It is PROCESSING of return.
U/s 143(1), an intimation is generated. An assessment order is NOT issued.
2. SInce, 143(1) is NOT an assessment, return can be revised.
It is PROCESSING of return.
U/s 143(1), an intimation is generated. An assessment order is NOT issued.
2. SInce, 143(1) is NOT an assessment, return can be revised.
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CA Ayush Agarwal
(Expert)
20 August 2012
Ohhhh.Its 143 (1), Not 143 (3),
Return Can be Revised.
Intimation is received, its not an assessment, so the return can be revised.
Return Can be Revised.
Intimation is received, its not an assessment, so the return can be revised.
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HARSH KOTHARI
(Querist)
21 August 2012
on which section?
139(1)
139(4)
142(1)
148
153(a)/(c)
139(5)
?
139(1)
139(4)
142(1)
148
153(a)/(c)
139(5)
?
22 August 2012
Revised return is filed u/s 139(5).
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