Filing revised returns

Efiling 807 views 4 replies

can a corporate assessee file revised return?

any conditions to be fulfilled or any reasons for which filing revised returns can be allowed?

 

Replies (4)

Dear,

the provision of filing revised return is same as that for other individual/HUF/firms assessees.... that is yes, the corporates can also file revise return... provided it must have filed the original return before the due date of ITR i.e. 30th september. and also assessment must not have been completed...

Dear, A corporate assessee can file Revised return but up to one year from the end of Assessment year or before the assessment whichever is earlier. You Can file a revised return if you had filed your original return as per time limit of section 139(1) of Income Tax Act.

Intimation issued under section 143 (1) is not considered as assessment for the purpose of revised return.

Revised Return of Income Tax can be filed by any assessee any time before the expiry of 1 year from the end of the Relevant Assessment Year or before the completion of assessment (whichever is earlier).

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