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Can i revised return after receiving notice u/s 148

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2018 I filed Income return on presumption basis u/s 44AD for A.Y. 2011-12. I have declared turnover 15 lakh and net profit @12%.
Now i received a notice u/s 148 for re assessment on basis of cash deposited in savings account Rs 25 Lakh.
Can I revise my said return for A.Y 2011-12 at 8% profit of 25 Lakh Turn over?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 April 2018 No you can't revise it.
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