Dear Expert
I have wrongly income tax return filled assessment year 2011-12 dated 24.04.2012 ( nil Return ) Total income ( without any deduction section under 24 & 80 c or 80 D ) Rs. 174000.00 . I am not claim any exemption like HRA , Conv. etc. After submission of return , income tax authority assess my income any issue demand notice of Rs. 1570 ( including interest ). Please advice can I file revise return after issue of demand notice .
Thanking you
Sanjay malviya
Filing Late: Individual Cannot Submit Revised Income Tax Return After Demand Notice for Assessment Year 2011-12 An individual mistakenly filed a nil income tax return for the assessment year 2011-12, omitting deductions and exemptions. After submission, the tax authority issued a demand notice for Rs. 1570, including interest. The individual inquired whether a revised return could be filed post-demand notice. A Chartered Accountant responded, stating that since the return was filed late, submitting a revised return is not possible. (AI Summary)