need some case law in favour of this. -
An assessee can revise the return of income even after assessment order has been passed under the Income Tax Act.
As a background, under the income tax law, there is is a specific time limit within which a return of income declaring the income can be revised by a person.
In Budget 2021, the government announced that it has reduced the time to file revised ITR by three months. Till FY 2019-20, an individual was allowed to file ITR till March 31 of the relevant assessment year. However, from FY 2020-21, the last date of filing revised ITR is December 31 of the relevant assessment year.
