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Revised return

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ca ipcc
313 Points Posted on 03 October 2019
Itr filed and there was tds but client did not claimed it. Now I can revise right?? It is refund case. Tds deducted around 25k on Interest income. Earlier client had not claimed tds, but Itr is processed. What should I do now?
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On 03 October 2019 at 20:27 Report
Replies (22)
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Student CA IPC / IPCC
68 Points Posted on 03 October 2019
Revise your return and claim TDS. Not claiming TDS will be considered as returns filed incorrectly.
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On 03 October 2019 at 20:42
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ca ipcc
313 Points Posted on 03 October 2019
Yes sir, but itr filed earlier is processed. Now I revised the return. Will it be a problem?
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On 03 October 2019 at 20:44
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Student CA IPC / IPCC
68 Points Posted on 03 October 2019
No revised return will be considered as return filed u/s 139(1). It will substitute the original return.
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On 03 October 2019 at 20:45
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ca ipcc
313 Points Posted on 03 October 2019
Sir but original return is processed. Today I have revised the return, won't be problem for refund right?
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On 03 October 2019 at 21:09
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Student CA IPC / IPCC
68 Points Posted on 03 October 2019
 a return can be revised before the expiry of one year from the end of the Assessment Year or before the completion of the assessment by the Department; whichever is earlier
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On 03 October 2019 at 21:13
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ca ipcc
313 Points Posted on 03 October 2019
Okay sir. But if the dept had processed original return, will they again process revised return?
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On 03 October 2019 at 21:15
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Student CA IPC / IPCC
68 Points Posted on 03 October 2019
Yes they will do it.
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On 03 October 2019 at 21:17
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ca ipcc
313 Points Posted on 03 October 2019
Okay sir, thank you so much sir. I had confused regarding this. You had cleared it.
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On 03 October 2019 at 21:19
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tax consultant
3306 Points Posted on 04 October 2019
Piyush it is suggested to read the statute once again
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On 04 October 2019 at 09:25
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Student CA IPC / IPCC
68 Points Posted on 04 October 2019
Sir, I have re-read the statue and as per my knowledge processed return is not an assessed return. If you have other view, please share the link so I can check and clarify.
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On 04 October 2019 at 09:36
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tax consultant
3306 Points Posted on 05 October 2019
Piyush u have misunderstood the provisions
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On 05 October 2019 at 19:00
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Student CA IPC / IPCC
68 Points Posted on 05 October 2019
I don't think so. You can check similar replies to mine in other threads relating to revision of return. I have done it practically and hence I don't think that is the case.
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On 05 October 2019 at 19:19
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tax consultant
3306 Points Posted on 05 October 2019
Piyush u have done a big blunder by doing it and also by making others do it too.
its ur sole conviction, pls read the statute carefully and also go through the cbdt website for reference
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On 05 October 2019 at 19:21
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ca ipcc
313 Points Posted on 05 October 2019
Yes sir some experts are telling there is no problem in revising the return. But some are saying u should not revise the return once the return is processed.
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On 05 October 2019 at 19:22


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