Can i file revised audited it return for 30th sep,2012

Hi, I have filed my Audited IT return on 29th Sep,2012.. however i forgot to add the TDS deducted from bank..

need advise on can i file REVISED AUDITED IT RETURN, if yes within what time i can file Revised Return and under what section, what is the formality and Is there any penalty for filing Revised IT Return?

Kindly Guide on above at earliest.

 

 

Replies (1)

Yes you can file revised return u/s. 139(5) as long you have filed the original return in time. the revised return needs to be filed before the expiry of 1 yr from the end of the asst yr or before completion of asment whichever is earlier. so you can file revised return for the ITR pertainin to A.Y. 2012-13 on or before 31.03.2014. but the earlier you do it, better it is. bcoz then it will genuinely look like it was a genuine mistake and the IT Dept might not consider it for scrutiny. usually the risk of getin a scrutiny notice is higher in case of revised returns

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