Sec142(1) and belated return clarification reqd.

After completion of  due date any return can be file to income tax dept through sec139(4) I.e. belated return. And those return can be filed up to1 year from the end of the relevant Assessment year and assessment made u/s 144 i.e. best judgement assessment.

In your case u have get a notice u/s 142(1) to submits your return. In case your requested return with in the due the date of filing. So there is no question to filing belated return.

if your requested return on or before assessment year 2014-15, you will not been able to file return through online, manually can be possible.

 

section 139(...)  is  time  frame  of return to  be submitted by  assesee  without the intruption of department, 

once  142  enters,  139  rules and sub rules are not  applicable, 

as per section 139(5) the following returns can be revised:

1. 139(1) return
2. 142(1) return

Time limit:

with in 1 year from end of relevant assessment year (or) before completion of assessment which ever is earlier

1. It is not a belated return since it was filed within due date as specified in the notice
2. The return can be revised since it is not a belated return
3. even though there is scope for revision the revision is not possible here since the time limit has been expired(31/03/18)

Hi thanks for reply.

Ajay sir in 3 point whether it will be belated return or not... I think that it is belated return because the time limit for belated return of 1 year is expired on 31.3.18 even though it has filed within the time allowed u/s 142(1).

no it was not belated return since it was filed with in due date as specified in notice

Thanks ajay sir. I would like to further discuss that in 3 point answer you are applying the limit of 1 year for revised return and not for belated return and in both cases it is filed within the due date u/s 142(1). Sorry for troubling you.

since the time limit to file return voluntarily u/s 139(4) got expired there is no scope for us to file return belatedly

In your case the dept issued notice on 2/10/18 which is beyond the TL specified there in i.e 31/03/18.

so section 139(4) cannot be applied here since the time limit got expired

Thank you ...

you are welcome