revised return for a.y 2010-2011
snpathak
(Querist) 20 July 2011
This query is : Resolved
i filed my return for a.y. 2010-2011 withintime on30/09/2010 and my case has been completed u/s143(1) of the i.t.act1961 . can i revise my return for a.y 2010-2011 upto 31/03/2012.
A V Vishal
(Expert) 20 July 2011
NO, YOU ARE BARRED FROM FILING A REVISED RETURN SINCE THE FILE IS ALREADY PROCESSED U/S.143(1).
prabhakar singh
(Expert) 20 July 2011
Expert A V Vishal RIGHTLY OPINES FOR YOU.
B.Chakrapani Warrier
(Expert) 21 July 2011
Can't revise the return u/s 139(5) of the Income tax Act,1961 since u have received the intimation u/s 143(1) of the said act.
soumitra basu
(Expert) 03 August 2011
INTIMATION IS NOT AN ASSESSMENT ORDER. THEREFORE, YOU CAN VERY WELL REVISE YOUR RETURN OF INCOME PROVIDED YOUR BOOKS OF ACCOUNTS WERE SUBJECT TO AUDIT UNDER SECTION 44AB OF THE ACT OR YOU ARE A COMPANY.