Can we revise return after intimation u/s 143(1) for FY 19-20 ??
Replies (7)
Quick Summary
Yes, you can revise your tax return for FY 2019-20 (AY 2020-21) even after receiving an intimation under section 143(1). This is because an intimation is not considered a formal assessment. The deadline to file a revised return is 31st May 2021, so you can proceed with the revision before this date.
Of course you cam go for revision. because intimation under sec143(1) doesn't amount to assessment. one should file revised return before the expiry of time limit for revision or assessment by A.O. which ever is earlier. here no assessment made and you have time limit till 31.05.21. go for revision with out thinking.