Time gap between itr filing for home loans!!!

Time gap of 6 months is MANDATORY??

Section 139 (4) allows to file before the expiry of one year from the end of relevant assessment year.

AY. 2015-16 Return can be filed up to 31st March 2017 belatedly.

But I can still apply for rectification under section 154

Originally posted by : Prashant Sharma
	Yes, you can apply for rectification.

Thanks a lot Sir! Can the assessee change the nature of business in rectification? Wrong business code was entered in the ITR

Time between Last 2 Returns should be SIX MONTHS

It depends on the Bank Manager. He Can sanction loan though the two Itr are filed on same date.