what is the time limit for filling revised income tax return for ay 2019 -2020??
Replies (15)
Quick Summary
The discussion concerns the deadline for filing a revised income tax return for AY 2019-20. While the initial deadline was March 31, 2020, it was extended to November 30, 2020. For cases where this deadline has also passed, and an intimation under Section 143(1) has been received, options such as filing a rectification under Section 154, an appeal before the CIT(Appeals), or a revision petition under Section 264 before the jurisdictional CIT may be available.
You should try to check whether revised return is possible for that acknowledgement number which is given in intimation u/s 143(1) it might attract penalty
How to check that.. ? and in the return there is no demand exist.. the heading for house rent allowance was only wrongly selected which is mentioned in the intimation...
You should try to file revised return for that matter in itr form by selecting revised return and by indicating the intimation reference number in the return but i think penalty should be imposed
Revised return for a. y 2019-20 can be filed only up-to 30th November 2020. now the options left are either to file rectification under 154 or appeals before cit(appeals) or revision petition under 264 before jurisdictional CIT
On site there's neither 139(5) nor sec 154 is taking.. only sec 119(2)(b) is appearing.. so can anyone tell me how to download it .. it is no where appearing in site of return filling...