section 139(4) income tax act

before the relevant A/y if it is filed ,but assesment is still pending(not completed), then it will be accepted as belated return and it will substitute the original return filed.

Pl. ignore the line ............substitute the original return............It is for revised return.

U/S 139(4) A RETURN IS FILED AFTER THE DUE DATE OF FILING BUT BEFORE THE END OF RELEVANT ASSESSMENT YEAR

applicable to any person who has not filed his return of income with in the time allowed u/s 139(1).

Time limit: The belated return can be fileld either before the

a) end of revlevant assessement year

b) completion of assessment 

whichever is earlier