revised return

Tax queries 809 views 1 replies

Hi!

I had filled ITR for last assessment year on time. Since i m a salaried person, ITR was filled on the basis of Form-16. However, i had disposed-off house property (purchased in 1998) during this period, the same was not reflected in the ITR.

I want to know the procedure for filling revised ITR.

Replies (1)

dear,

procedure for revised return u/s 139(5)

1. you have been furnished the ITR within due date u/s 139(1) if  yes then you furnished tue revised Itr.

2. Time period

    which ever is erlier

      a) within one year from the end of assessment year

                or

      b)date of compeletion of assessment


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