Regarding Return under section 148

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This query is : Resolved

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This discussion explores whether a tax return filed under Section 148, in response to assessment proceedings under Section 147, can be revised. While one view suggests it cannot be revised, another argues that Section 148(2) implies all provisions of Section 139 apply, including revision, provided it's filed within the notice period.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)

03 February 2025 if we file return under section 148 for assessment proceeding under section 147 then such return under section 148 can be revised again?

Nabin Agarwal

Nabin Agarwal (Expert)

03 February 2025 No a return filed u/s 148 cannot be revised again.

Nikhil Kaushik

Nikhil Kaushik (Expert)

04 February 2025 Disagree with the above suggestion. sub-section 2 of the section 148 of the Income-tax Act 1961 clearly states that all the provisions of section 139 shall apply to a return filed under section 148. That automatically includes revision provision provided that the return has been filed with the time period provided in the notice issued under sub-section 1 of the section 148.

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