Late returns and revised returns allowed within one year from assessment year end or before assessment completion. The substituted section permits filing an original or revised return after the prescribed time where a return was not filed or contained an omission or wrong statement, allowing such filing at any time before the expiry of one year from the end of the relevant assessment year or before completion of the assessment, whichever is earlier; transitional provisos permit extended cut-off dates for returns relating to assessment years commencing on the first day of April, 1987 or earlier and for the assessment year commencing on the first day of April, 1988, subject to assessment completion.
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Provisions expressly mentioned in the judgment/order text.
Late returns and revised returns allowed within one year from assessment year end or before assessment completion.
The substituted section permits filing an original or revised return after the prescribed time where a return was not filed or contained an omission or wrong statement, allowing such filing at any time before the expiry of one year from the end of the relevant assessment year or before completion of the assessment, whichever is earlier; transitional provisos permit extended cut-off dates for returns relating to assessment years commencing on the first day of April, 1987 or earlier and for the assessment year commencing on the first day of April, 1988, subject to assessment completion.
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