Revised return
This query is : Resolved
18 October 2013
sir,
If individual is not liable to file revised Return ? if he did file then what income Tax department do ?
19 October 2013
If an income tax return is revised, the revised return shall supersede the earlier return for all practical purposes. Income tax department shall scrutinize the revised return and all the tax proceedings shall be done on the basis of revised return. Within the time period allowed, a return can be revised any number of times.
19 October 2013
If an income tax return is revised, the revised return shall supersede the earlier return for all practical purposes. Income tax department shall scrutinize the revised return and all the tax proceedings shall be done on the basis of revised return. Within the time period allowed, a return can be revised any number of times.
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