while filling it return of my client two of the capital gain in the 26 As but declared only one and file the income tax return it's filed as belated return can I declare this income in the next year?
please advise
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Quick Summary
A client failed to declare one of two capital gains on their income tax return, which was filed as a belated return. The question is whether this income can be declared in the following year. Initial advice suggests revising the current return under section 139(5) before the deadline, as revision is possible even without intimation. The conditions for revising a belated return are requested for clarification.