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Tax query- Filing Revise return

josh (IT) (256 Points)

13 January 2008

Greetings !

I have filed my tax returns for financial year FY2004-2005,FY2005-2006 and

FY2006-2007 from chennai and also revise returns for FY2005-2006,FY2006-2007 from chennai.

Now I have moved to bombay and I found that I missed some incomes for all the above mentioned financial years.Can I file a revise return for FY2004-2005,FY2005-2006, FY2006-2007 from mumbai to include/declare those incomes which was missed?

Is there any upper limit for filing revise returns ?

Please help to clear the queries

Thanks

Josh

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4 Replies

Late CA Sampat Jain (Chartered Accountant) (4772 Points)
Replied 13 January 2008

SECTION 139(5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier NOTE: A BELATED RETURN CAN NOT BE REVISED

(Guest)

Thanks sampant jain for the reply . Since I have filed the original returns from chennai city , can I filed the revised returns from mumbai city ? Could you please clarify on this.

josh (IT) (256 Points)
Replied 15 January 2008

How do I find out whether the assessment is completed for the relevant financial year ? Reagrds prashant

(Guest)

what if we want to revise ITR of past 3-4 years, also we have to take refund in those years, if it will get revised, ITR for further years will not match the balance.