Revise return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2013
Till which date can we revise Income Tax Return ???
29 April 2013
Those returns which are filed u/s 139(1) only possible to file revised return u/s 139(5) upto the due date u/s 139(4).
I.e for example if you filed For A.Y 2012-13 return of income with in 31-7-2012(i.e for this case due date u/s 139(1) is 31-7-2012) then you can file revise return u/s 139(5) upto 31-3-2014.
In simple a return which is filed with in due date as per section 139(1) can be revise upto expiry of one year for the end of such assessment year or completion of assessment for such year which is before.
So for the above example eventhough you have time to revise upto 31-3-2014 but assessment has been completed before to the date of filling of revised return then you can't file revise return.
In one word revised return can be file upto one year from the end of such assessment year or completion of assessment year which is earlier.
OM SAI SRI SAI JAI JAI SAI
I.e for example if you filed For A.Y 2012-13 return of income with in 31-7-2012(i.e for this case due date u/s 139(1) is 31-7-2012) then you can file revise return u/s 139(5) upto 31-3-2014.
In simple a return which is filed with in due date as per section 139(1) can be revise upto expiry of one year for the end of such assessment year or completion of assessment for such year which is before.
So for the above example eventhough you have time to revise upto 31-3-2014 but assessment has been completed before to the date of filling of revised return then you can't file revise return.
In one word revised return can be file upto one year from the end of such assessment year or completion of assessment year which is earlier.
OM SAI SRI SAI JAI JAI SAI
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2013
Thaank you
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
