If the it return can be revise after the search done?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 December 2013 Hello,

If I can revise my Income Tax return in time between from search done in my premises to issue notice u/s 153A of the Act

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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31 December 2013 please mention all the relevant dates in your case.

Querist : Anonymous

Querist : Anonymous (Querist)

31 December 2013 For Example:

1. Search done on 01/12/2013 and
2. Date of issue of notice u/s 153A is 30-12-2013

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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31 December 2013 and when was the original return was filed?

Querist : Anonymous

Querist : Anonymous (Querist)

31 December 2013 before the due date mentioned.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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31 December 2013 yes then it can be revised there is no restriction as such, only thing to keep in mind is section 139(5) timelimit which is 1 year from end of AY.

but if ITO only ask you to file revise return then u must even if its time barred, as time limit applies to Assessee for voluntary revision and not to AO in case of search.

Querist : Anonymous

Querist : Anonymous (Querist)

31 December 2013 Thank you very much for your valuable reply

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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31 December 2013 you are welcome friend.

Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2014 Any case law relating to that

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