banner_ad

Return of Income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 November 2010 A company had filed a belated return of income for which the Tax Liablity was found out to be say 10 Rs. Later it filed a revised return for Rs. 5/- The IT Dept had sent a scrutiny notice based on the first filed return(Rs 10). When the Company approached the Dept, they told that the revised return was useless as the first filed return was belated. Does the Company have any basis to succed on this case? Any case laws would also be appreciated.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
12 November 2010 Absolutely no chance to win since the section is very specific.
Profile Image

A. Prithvi Surya

Profile Image

A. Prithvi Surya (Querist)
13 November 2010
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
13 November 2010 Agree with B.Chackrapani Warrierji. A belated return can not be revised.
Profile Image

A. Prithvi Surya

Profile Image

A. Prithvi Surya (Querist)
30 November 2010 Thank you very much Experts.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details