WHETHER TO FILE REVISE RETURN?

Mr.X files Return of Income after due date.He wishes to Revise his Return of Income because he had not claimed TDS as refund in his original return.To claim refund what is the remedy available with him? Whether he has to file revise return or he has to write a letter to A.O. ?

Replies (18)
Originally posted by :darsh*t
" Mr.X files Return of Income after due date.He wishes to Revise his Return of Income because he had not claimed TDS as refund in his original return.To claim refund what is the remedy available with him? Whether he has to file revise return or he has to write a letter to A.O. ? "


 

According to me Belated Return u/s. 139(4)  cannot be revised, and u can refer the famous case law (Kumar jagdish chandra shetty Vs. CIT)

hello

Could you tell me, its salary and after the due date means after july your telling...

But he have already filed his return of income after the due date!!!!

But if he is salary employee and filied after the due date means its july but he can file within the   march 31...he can do revise return

ya he can file till 31st march provided his tax liabilty is NIL

otherwise he will be liable for interest on short payment us. 234A

Hello

see he saying he dint add tds while filing the retrun, so if add that he dont want pay any tax if already paid through TDS and he may get refund also. Ya he has to pay interest if he not paid the tax within the due date 234a b c interest thats correct.......

Belated return can not be revised at all. Even if it is a case of salary and he has filed his return after July, he can not file the revise return if the return is filed by him after the due date as given u/s 139(1). And dear Manisha, the famous case is of Kumar Jagdish Chandra Sinha Vs.CIT and not 'Shetty'.

Yes Tarun sir is correct , belated return cannot be revised

BELATED RETURN CANNOT BE REVISED AT ALL.... DONT FILE THE REVISED ROI. BSN GANESHAN CA FINAL AND PRACTITIONER
Originally posted by :jayalakshmi
" Yes Tarun sir is correct , belated return cannot be revised "


 

Thanks Jayalakshmi.

Go with Tarun.

Darsh*t, was the return E-filled or was physically submitted.

And what was the amount of TDS. There is a way to revise this return(although nothing provided in law) but you should take care that amount of TDS is substantial.

Piyush

Ya sir it sinha Thnx to correct me!!!

Yes,Tarun sir is correct, Its impossible to do the revised return for the return which was filed as belated U/s-139(4)

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