Dear Sir,
I have filled Individual retrun on 31.08.2015 for AY 15-16 but now I wanted to revised the same can I revise it now what is time period of filling the revise return ?
Also when will it go to Assessment ?
even if it has already gone for assessment can i file revise return ?
Revising Income Tax Return: Allowed Before One Year Post Assessment Year End or Before Completion of Assessment. An individual inquired about revising an income tax return filed on August 31, 2015, for the assessment year 2015-16. They asked about the time frame for filing a revised return and whether it could be done if the return had already been assessed. A respondent clarified that a return can be revised before one year from the end of the relevant assessment year or before the assessment is completed, whichever is earlier. The individual further asked if a revision is possible after receiving an assessment notice but before the assessment's completion. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
