Revision of belated return file erroneously

This query is : Resolved

Devang Shah (Querist)
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29 June 2010 We are pvt ltd company having book loss and Income tax profit. Return for March 09 filed after due date but at the time of uploading the return consultant has not considered computation (income tax profit) and only filled up Tax credit figure.

Now, we need to incorporate the correct computation with Income tax profit.

Can any one guide how to do it? whether return can be revised ? it is very urgent.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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29 June 2010 Belated Return can't be revised as per section 139(5)

In case a tax payer has filed a belated return, and if at a later date he discovers any omissions or wrong statements, it will not be possible for him to revise the return as it has been filed belatedly. The tax laws of India specify that a return that is filed belatedly cannot be revised at any later date. This right is available only to those taxpayers who have filed their returns on time.

https://www.cainindia.org/news/2_2009/file_belated_tax_return_with_a_cool_head.html

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