Revise return

Efiling 918 views 7 replies

Can we revise the IT return which is filed after the due date ?

Replies (7)

As per sec 139 (5) u cant revise the return if the original return was filed belatedely

Originally posted by : RAKESH

As per sec 139 (5) u cant revise the return if the original return was filed belatedely

What if the belated revise return return is filed ?

Belated return cant be revised. if return is filed within due date or in pursuance to notice u/s 142 (1), only then return can be revised.

 

 

As per section 139 (5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return 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 :

Provided that where the return relates to the previous year relevant to the assessment year commencing on the 1st day of April, 1988, or any earlier assessment year, the reference to one year aforesaid shall be construed as a reference to two years from the end of the relevant assessment year.

 A BELATED RETURN CANNOT BE REVISED

Belated return cannot be revised

I had already e-ffiled the revised return before this and the same was accepted. But now I got the notice from department requesting to rectify the same.

See there are some software's which has bug in it. but as per law u r not allowed to e file or do manual revise return if the original return was filed belatedly. The notice sent by the department is correct and write a covering letter stating the problem of urs.


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