Can the defective return be revised ?

Eswar Reddy S (CFO- at NHTF) (58213 Points)

07 January 2014  
Hi All, Can the defective return be revised ? A new client has come to us recently . He has filed return by himself . capital loss wrongly declared as business loss. For the same he has received notice u/s 139(9),stating that p&l,Balsheet and audit report to be attached. What is the procedure to be followed for this ?