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Yes, 139(5) says a return can be revised if it is made u/s 139(1) or 142(1).
For AY 2017-18, belated return can also be revised.
As per section 139 (4) and 139(5)
Loss return can be revised however, for A.y. 2016-17 belated return can not be revised but for A. Y. 2017-18 belated return can be revised.
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