banner_ad

Question on filing revised it return

Tax queries 163 views 3 replies

I Read about filing Revised IT Returns Rule that say's "Revised return can be filed at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier".  What is the meanaing of "before the completion of assesment", in my case I have filed the return for AY 2015-16 before the due date, ITR V sent to IT department and then I received Intimation under Section 143 (1) which shows the IT computation by IT department unders section 143 (1). Does this mean Assesment is complete ? and i can't file revised return ?

Thanks in advance

Lingaraju

 

Replies (3)

Now un can't file return rather u can file rectificatuion by oving the reference number og f 143(1)

In Rectification is it possible to change my previous declaration on loss from house Property ? I have two Housing loan , i have declared one property as self occupied (interest component of EMI is high) and the other as Let out (Interest component is less).

Now I would like to change this declaration as the entire interest component is exempted from Tax for Let out property. Is it possible to make this change if i file Rectification ?

Yes you can go ahead


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details