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Revision of return

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 December 2012 Dear Experts!

Can we revise the Return for AY 2011-12.
Tha same has been processed and TDS also credited to bank A/c.

Now assessee wants to revise it to provide more details.Can we revise such a return which is already processed by DEPT and TDS also credited to bank.

Urgent Response required from Experts
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CA Chirag Haraniya

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CA Chirag Haraniya (Expert)
10 December 2012 Yest, Return can be revised u/s 139(5)within 1 year from the end of Assessment year or before completion of assessment,whichever is earlier
Provided assessee has filed return within time limit u/s 139(1).

In your case A.Y. 2011-12 so return can be revised upto 31st March,2013

Chirag M. Haraniya
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