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?
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Revised Return
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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