Can we revise return after the return has been "processed" & intimation u/s 143(1) has received for FY 19-20 ie AY 20-21??
And if not, then Pls suggest the way to claim the amount of deduction which was not been able to claim in return.
Menu
Revision of return after return processed.
Replies (7)
Yes you can. the last date is 31st May 2021.
Yes you can revise the return before 31.5.21
Of course you can 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.
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.
Agree with ramaraju
With reference to sec 139(5), where it is clearly mentioned "return can be revised any time before the end of relevant assessment year or assessment, whichever is earlier".
Aren't it contradict it? Because I have also received the demand.
Aren't it contradict it? Because I have also received the demand.
You received Demand notice because your IT Return has been processed, Processing of return is not an assessment order as per the act.
Coming to end of relevant assessment year, govt has extended the date till 31.05.2021 from 31.03.2021. there is no contradiction.
Agreed
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
