Menu
Revise return after assessment u/s 143(3)
Dear All,
we have Completed the assessment for AY 2014-15 u/s 143(3) in which certain additions were made by AO which are accepted by us now wants to file revised return for the same
Can anyone help me what is the procedure for filing revise return in such case
Thnx
Jagannath
Replies (1)
You cannot revise u/s.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 :..”
At most you may rectify any apperent mistake u/s. 154.
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
