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Income Tax Returns


Charles Thangam   24 October 2020

Charles Thangam

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Whether a belated return can be revised
or not.

avater

ayusmita (Tax consultant)     24 October 2020

ayusmita
Tax consultant 
 183 likes  2667 points

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Only those return which are applicable for belated tax return will be revised others not

avater

Charles Thangam   24 October 2020

Charles Thangam

 9 likes  133 points

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However, from FY 2016-17, a belated return can also be revised.Can you revise belated tax returns? Yes, ITR for FY 2016-17 and onward filed under section 139(4), which is applicable for belated tax returns, can be revised. However, belated returns filed for previous financial years cannot be revised because the income tax law was changed to allow this from FY 2016-17.(This news correct or not)


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