Revised return form 231

This query is : Resolved 

06 February 2012 For F.Y 2008-09, 2009-10 and april 2011 to Dec 2011, which section will apply for revised return of form 231?

06 February 2012
I presume that you are talking about Maharashtra Value added tax (as form 231 is specified under MVAT Act )

Sec 20(4)(a) read as under

[(4) Any person or dealer who, having furnished a return

(a) discovers any omission or incorrect statement therein, may furnish, a revised return in respect of the period covered by the return at any time before a notice for assessment is served on him in respect of the period covered by the said return or before the expiry of[ten] months] from the end of the year to which the return relates, whichever is earlier;


You can file any number of revised returns under this section till March 2011 and thereafter only One revised return is allowed under this section.

I hope the matter is clear.

06 February 2012
I presume that you are talking about Maharashtra Value added tax (as form 231 is specified under MVAT Act )

Sec 20(4)(a) read as under

[(4) Any person or dealer who, having furnished a return

(a) discovers any omission or incorrect statement therein, may furnish, a revised return in respect of the period covered by the return at any time before a notice for assessment is served on him in respect of the period covered by the said return or before the expiry of[ten] months] from the end of the year to which the return relates, whichever is earlier;


You can file any number of revised returns under this section till March 2011 and thereafter only One revised return is allowed under this section.

I hope the matter is clear.


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