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Case Law Details

Case Name : Sanghi Textiles Ltd. Vs ACIT (ITAT Hyderabad)
Related Assessment Year :
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RELEVANT PARAGRAPH

21. The first issue is taken up first for consideration. Section 139(5) permits the assessee to file a revised return on discovery of an omission or any wrong statement in the original return. Of course, only such return can be revised which has been filed under section 139 (1) or which has been filed pursuant to notice under section 142 (1). Further, a revised return can be filed before the expiry of one year from the end of the relevant asse

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3 Comments

  1. Ishaani says:

    I have received a notice under sec139 (9) as i have not provided the balance sheet and profit and loss account details . at the time of rectifying the defect ,I also make changes to my profit which results in claiming of higher refund as against the original one.so I want to know whether the changes made by me other than the defect is valid or not

  2. mamta says:

    I had received notice u/s 139 & then I filed the return making necessary changes.now I have received intimation u/s 143 & have discovered I had not done tax audit which was necessary to claim f&o loss now can I revise the return after attaching audit report

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