Section 139(5) of the Income-tax Act,

Last updated: 19 April 2008

Court :
HIGH COURT OF DELHI

Brief :

Citation :
INDIAN FARMS FERT. CO-OPERATIVE LTD. v COMMISSIONER OF INCOME-TAX

HIGH COURT OF DELHI INDIAN FARMS FERT. CO-OPERATIVE LTD. v COMMISSIONER OF INCOME-TAX MADAN B. LOKUR AND S. MURALIDHAR, JJ. IT REFERENCE NO. 40 OF 1985 August 27, 2007 Section 139(5) of the Income-tax Act, 1961 - Return of income- Revised return - Assessment year 1975-76 - Whether where assessee filed original return under section 139(4) which was beyond due date, a revised return filed by it under section 139(5) was not a valid return - Held, yes Case Review: Kumar Jagdish Chandra Sinha v. CIT [1996] 220 ITR 67/86 Taxman 122 (SC) followed (Para 2)