Revised Return

Tax queries 591 views 3 replies

If an individual (businessman) has filed his nil tax return for AY 2008-09 in March 2009, can he revise it now. Will there be any penalty for this?

Replies (3)

No he cannot as he has filed his return after the due date i.e, after July 2008

 Belated return cannot be revised

no he cannot file revised return as the original return has not been filed within the prescribed time limit i.e 31 july,2008


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