is it possible to revise return after getting the refund before time bar.?pls reply thanks in advance..
Replies (3)
Quick Summary
Yes, it is possible to revise your Income Tax Return (ITR) even after you have received a refund. This can be done under Section 139(5) of the Income Tax Act. However, be aware that if your revised return shows an increased income, you may be liable for additional tax and interest.