loss Return

This query is : Resolved 

04 August 2008 As per sec 139(3)if i wnt to carry forward my loss i hv to file my return under the limits specified under sec139(1)ie for individual who doesnt need to audit the limit is 31st July.
As per sec 139(5)i can file a revised return within 1 year of asst year.

My Question is , If before 31st july i have filed a return having income,
then can i u/s139(5)file a revised return stating loss .
Is there any case law regarding this

04 August 2008 no,but you will file revised return u/s 139(5) before the end of the assessment year or completion of the order

04 August 2008 SO I CANT FILE MY REVISED LOSS RETURN

07 November 2021 Yes, it can be filed.


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