Revising belated return


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A taxpayer filed an original tax return after the due date for AY 2016-17, which was processed. They later attempted to file a revised return claiming a refund due to an income omission, but the IT department deemed it invalid. The taxpayer is seeking advice on whether they can revise a belated return filed after the due date, especially since the rules changed from AY 2017-18. Options like applying for condonation of delay or filing a rectification are being considered, though their applicability to this specific situation is debated.

31 January 2021 Sir, for AY 2016-17, i filed original return after due date u/s 139(4) with zero refund and it was processed by IT dept. But on finding some omission of income, i filed revised return in March 2018 claiming refund of 33000. But, IT dept is saying revised return is invalid since original return filed after due date.
I know that from AY 2017-18, belated returns can also be revised u/s 67 of finance act 2016.
But, in my case, what is the way forward?

Should i apply to Commissioner of IT for condonation of delay u/s 119(2)(b)?

31 January 2021 For AY 2016-17 belated return can't be revised.
As you have already filed the return you can't apply for condonation.

31 January 2021 It is suggested to file rectification

31 January 2021 Rectification can't be filed for omissions of income.

01 February 2021 Agree with Seetharaman Sir... Forgot it


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