07 January 2014
What will be the status of the following return:- A person is required to file his return u/s 139(1) but he fails to do so. The AO issues a notice u/s 142(1) requiring him to file the return. The assessee does so within the time limit mentioned in the said notice. So will this return be treated as a return filed u/s 139(1) & enjoy the right of revision or will it be treated as a belated return & hence cannot be revised?
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