i filled my income tax return before due date,and claim refund in return.
and refund has been received .
Now i want ro revise my return ,Can i do so ?
Menu
Can i revise my return after receiving income tax refund
Replies (20)
Yes you can revise the return
yes you can revise the return provided time limit of one year from the end of assessment year has not been elapsed.
If as per revised return any tax is payable then it has to be paid with detailed interet calculation.
Yes.there is no provision in the act denying such revision.
Agree with above expert
You can file revised return , only if you have filed
The return within due date.
yes
U can file revise return upto 2 assessment year from the previous year in which u income earned as per section 139(5) of income tax act 1961
If time limit is over and case is subjected to scrutiny then u can make new claim during assessment proceedings.
What is the reason for revision ? In case the Taxable income per Revised Return is substantialy higher than the Original Return Penal Provision U/S 271 may be attracted.
Yes, You can
You can file revised subject to any discomfort reported by icome tax commissioner of your area of return filed.
You can revise return provided assessment is not completed. if you have received refund aster 143(1) then you can revise the return.
Recent Threads
- First Time ITR with 5000 penalty
- Loss due to non tradeable stocks
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
Related Threads
CAclubindia
