Akshay (Senior Assistant) (444 Points)
18 October 2018A return is filed for sale of commercial plot and later on it's been found out that sale value is mistakenly considered and some expenses are also not considered. Can we revise the return with correct sale consideration and claim missed expenses? Please clarify on this dear colleagues.
Rakesh Joshi
(CA Final)
(1272 Points)
Replied 18 October 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160548 Points)
Replied 18 October 2018
Yes, the correction can be made by revising return u/s. 139(5). Revised return for AY 2018-19 can be filed tlll 31.03.2019.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
