CAN HE FILE REVISE RETURN U/s 139 (5)????

Dear Sir,

I couldnt get ur doubt actually.

A return filed with in due date can be revised within 1 year from the end of relevant assessmeny year or before the completion of assessment which ever is earlier.

Even during the continuation of assessment proceedings, a return can be revised but not after 1 year from the end of assessment year.

Now u have mentioned that case is pending in an appeal + time limit has also been expired - So not possible to revise the return now.

Completely agree with Dear Amir Brother.............

Revised Retrun cannot be filed for a Belated Return..........

Revised Return should be filed before 1 year from the end of relevant A.Y. or completion of Assessment whichever is earlier...........

Since the time limit has expired i think he cant Revise the Return now......

revised return shall be filed within 1 year from the end of the relevant assessment year or completion of assessment whichever is earlier.

the provision.......

⁶⁰[(5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier :

you could have revised it........ atleast before the assessment, when it was under scrutiny. by having talked about the same with the assessing officer...