Revised return

If any person has not furnished a return within the time allowed under sub-section (1) of section 13 or by a notice issued under clause (i) of sub-section (4) of section 15, or having furnished a return discovers any omission or wrong statement therein, he may furnish a return or a revised return, as the case may be, 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

(a) where such return or revised return relates to the assessment year commencing on the 1st day of April, 1987, or any earlier assessment year, it may be furnished at any time up to and inclusive of the 31st day of March, 1990 or before the completion of the assessment, whichever is earlier;

(b) where such return or revised return relates to the assessment year commencing on the 1st day of April, 1988, it may be furnished at any time up to and inclusive of the 31st day of March, 1991, or before the completion of the assessment, whichever is earlier.

Regards,

Varun Makhija

 thanks varun

Revised return can be filled before assessment order once assessment is done canot be revised.

 THANX VARUEN.

Return of Income tax can be revised within one year from the end of the relevant assessment year or before of completion of assessment whichever is earlier . so ROI can be revised even it is earlier revised withintime peroid.

Regards 

Lovenish Bansal  

ok

rupesh kam se kam yar varun ki spell to thik se kar yar .. mana ki u r a ca student but u cant change one's name ..........

Regards,

Varun Makhija