Revised return

This query is : Resolved

Praveenveldhi (Querist)
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17 August 2013 Dear sir/madam
I mistakenly filed return in ITR-1 shown as a salary income instead of ITR-4(business income) before duedate.......
can i revise it now.... after due date under section 139(5)....
Thank you.....

CA Kumar Mukesh

CA Kumar Mukesh (Expert)
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17 August 2013 Since you have return on or before due date Yes you can rectify your earlier mistake under Section 139 (4)

Praveenveldhi

Praveenveldhi (Querist)
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17 August 2013 sir
If I filed the return after due date....... can i revise the same

CA Kumar Mukesh

CA Kumar Mukesh (Expert)
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17 August 2013 If you have return on Income after the due date no option will available with you to rectify your earlier mistake.

In that case only Courts are entitle to quash your earlier mistakes

Praveenveldhi

Praveenveldhi (Querist)
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17 August 2013 thank you sir........

Praveenveldhi

Praveenveldhi (Querist)
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17 August 2013 sorry sir.....
i have one more query..... what is the time limit for filing the revised return which is uploaded before due date.......

CA Kumar Mukesh

CA Kumar Mukesh (Expert)
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17 August 2013 for better under standing Please refer Section 139

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