Revised income tax return

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bhushan gupta

bhushan gupta (Querist)
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29 December 2011 Most urgent:-
whether a income tax return can be revised after receiving intimation U/S 143(1.

Mahesh Paryani

Mahesh Paryani (Expert)
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29 December 2011 Yes the income tax return can be revised up till the assesment is over.

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CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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29 December 2011 Intimation u/s 143(1) does not mean assessment. So you can file the revised return.

CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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29 December 2011 Where original return is filed within due date of filing ITR, such return can be revised before expiry of one year from the end of relevant Assessment Year provided assessment is not completed.

Intimation U/s 143(1) is not assessment within the provisions of Income Tax Act and therefore a return can be revised even after receiving Intimation U/s 143(1).

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