date of revised in dvat for 14-15

[sundar venkata]

Dear sir

There was a typographical error made in the stock transfer entries for the goods sent from delhi to tamil nadu during Q2 14-15 FY under DVAT. is there any possibility to file the revised return, please clarify

regards

sundar

[YAGAY andSUN]

29. Revised Returns (Section 28) under DVAT Act.

(1) A person who furnishes a revised return in correction of some error that has been detected, shall do so by furnishing Form DVAT-16 along with an explanatory note specifying the mistake or errors because of which it has become necessary to furnish a revised return.

(2) A person paying tax under section 16 and wishes to furnish revised return to correct any mistakes/errors as detected by him shall furnish in form DVAT 17 along with an explanatory note specifying the mistake or error because of which it has become necessary to furnish a revised return.

[Ganeshan Kalyani]

There is time limit under DVat for filing of revised return. Thank.

[Ganeshan Kalyani]

Dear Sundar Ji,

In my view, revised return should be filed within the year following the year of such tax period. In your case, it should have been filed on or before 31.03.2016. This is my view. Pls. cross check this. Thanks.

AI Summary

Revised return under DVAT: file prescribed form with explanatory note to correct errors before the statutory cutoff. Typographical errors in DVAT stock transfer entries may be corrected by filing a revised return: generally use Form DVAT 16 with an explanatory note, while persons paying tax under the special provision use Form DVAT 17 with an explanatory note; revised returns are constrained by a statutory time limit and must be filed within the year following the year of the relevant tax period.