REVISION OF RETURN OF INCOME OF A. Y. 2009-10
This query is : Resolved
21 October 2010
WHILE FILING THE RETURN OF INCOME FOR THE "INCOME U/S. 44AF" I FILLED THE DETAILS IN NO ACCOUNT CASE ROWS OF "PART A BS(BALANCE SHEET), PART A PL (PROFIT AND LOSS ACCOUNT) AND POINT 33iii OF SCHEDULE BP" BUT FORGOT TO FILL THE SAME IN POINT 1 AND 4 IN SCHEDULE BP OF ITR 4 (NET PROFIT OF RS. 181789/- U/s. 44AF)
AS A RESULT WHILE IN PROCESSING THE RETURN, INCOME TAX OFFICER (CPC) DOUBLED THE INCOME (i. e. Rs. 363578/- NOT GIVING THE DEDUCTION U/s. 44AF AND RAISED THE DEMAND OF Rs. 26K
MY QUERY IS "NOTICE IS BEING SERVED BY INCOME TAX OFFICER ON ME"
THEN CAN REVISE THE RETURN OR NOT TO RECTIFY THE ERROR
IF NOT
THEN WHAT CAN BE THE BEST PREVENTIVE METHOD
AS A RESULT WHILE IN PROCESSING THE RETURN, INCOME TAX OFFICER (CPC) DOUBLED THE INCOME (i. e. Rs. 363578/- NOT GIVING THE DEDUCTION U/s. 44AF AND RAISED THE DEMAND OF Rs. 26K
MY QUERY IS "NOTICE IS BEING SERVED BY INCOME TAX OFFICER ON ME"
THEN CAN REVISE THE RETURN OR NOT TO RECTIFY THE ERROR
IF NOT
THEN WHAT CAN BE THE BEST PREVENTIVE METHOD
21 October 2010
Revised return can be filed before the completion of assessment. Since the AO has already issued the notice you cannot submit the revised return.
You have not mentioned under which section notice has been issued to you. PLesae mention the detail of notice.
You have not mentioned under which section notice has been issued to you. PLesae mention the detail of notice.
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26 October 2010
I HAVE RECEIVED INTIMATION U/s. 143(1) OF THE INCOME TAX ACT 1961 FROM CPC BANGLORE
IF NOW I CAN NOT REVISE THE RETURN
HOW SHOULD I PROCEED FURTHER?
IF NOW I CAN NOT REVISE THE RETURN
HOW SHOULD I PROCEED FURTHER?
22 July 2025
Here’s how you should proceed given the situation with your Income Tax Return for A.Y. 2009-10:
Situation Recap:
You filed ITR showing income under Section 44AF (presumptive income for small businesses).
You missed correctly filling certain key fields (point 1 and 4 in Schedule BP), causing the assessing officer to disallow the presumptive deduction.
This resulted in your income being doubled, and a demand of around Rs. 26,000 raised.
You have received an intimation under Section 143(1) (processing of return) from CPC.
You want to know if you can file a revised return now, and if not, what else can be done.
Can you file a Revised Return now?
No, once intimation under Section 143(1) is issued, revised return for that assessment year cannot be filed.
Section 139(5) allows revised return filing only before the assessment is complete (usually before issuance of a final assessment order).
After the intimation under 143(1) from CPC, revised return is not allowed for that AY.
Best course of action now:
File an objection (rectification request) under Section 154
You can file a rectification application with CPC pointing out the mistake (non-reflection of income under section 44AF) and request correction of the intimation.
This is to rectify an “apparent mistake” in the intimation order.
You must provide supporting details that the income is rightly under section 44AF.
Respond to the Notice
If you received any specific notice asking for explanation or showing demand, file your written reply explaining the issue.
Attach computation showing income under section 44AF.
Appeal to the Commissioner (Appeals)
If rectification is rejected or not resolved, you may file an appeal before the Commissioner of Income Tax (Appeals) within the prescribed time limit.
Gather all documentation
Maintain all relevant proofs and computations clearly showing how income was computed under 44AF.
Attach copies of your original ITR, intimation, and correspondence.
Summary:
Stage Action
Before 143(1) intimation File Revised Return
After 143(1) intimation File Rectification Application
If rectification rejected File Appeal
Additional Advice:
File rectification within 30 days of receiving intimation.
Use the online portal for rectification under e-filing → Rectification request.
Be clear and concise in explanation.
If needed, consult a tax professional or CA for drafting the rectification.
Situation Recap:
You filed ITR showing income under Section 44AF (presumptive income for small businesses).
You missed correctly filling certain key fields (point 1 and 4 in Schedule BP), causing the assessing officer to disallow the presumptive deduction.
This resulted in your income being doubled, and a demand of around Rs. 26,000 raised.
You have received an intimation under Section 143(1) (processing of return) from CPC.
You want to know if you can file a revised return now, and if not, what else can be done.
Can you file a Revised Return now?
No, once intimation under Section 143(1) is issued, revised return for that assessment year cannot be filed.
Section 139(5) allows revised return filing only before the assessment is complete (usually before issuance of a final assessment order).
After the intimation under 143(1) from CPC, revised return is not allowed for that AY.
Best course of action now:
File an objection (rectification request) under Section 154
You can file a rectification application with CPC pointing out the mistake (non-reflection of income under section 44AF) and request correction of the intimation.
This is to rectify an “apparent mistake” in the intimation order.
You must provide supporting details that the income is rightly under section 44AF.
Respond to the Notice
If you received any specific notice asking for explanation or showing demand, file your written reply explaining the issue.
Attach computation showing income under section 44AF.
Appeal to the Commissioner (Appeals)
If rectification is rejected or not resolved, you may file an appeal before the Commissioner of Income Tax (Appeals) within the prescribed time limit.
Gather all documentation
Maintain all relevant proofs and computations clearly showing how income was computed under 44AF.
Attach copies of your original ITR, intimation, and correspondence.
Summary:
Stage Action
Before 143(1) intimation File Revised Return
After 143(1) intimation File Rectification Application
If rectification rejected File Appeal
Additional Advice:
File rectification within 30 days of receiving intimation.
Use the online portal for rectification under e-filing → Rectification request.
Be clear and concise in explanation.
If needed, consult a tax professional or CA for drafting the rectification.
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