Sir i was filled original returnfor A.Y 2011-2012 on dated 20-06-2011. can I filled revised return for A.Y 2011-2012
Revised Return
AMIT JAIN, Advocate
Revised Tax Returns Allowed Before Assessment Finalization, Even After Section 143(2) Notice for AY 2011-2012. An individual inquired about the possibility of filing a revised income tax return for the Assessment Year 2011-2012. A respondent clarified that a revised return can be filed within one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier. Another participant questioned whether receiving a notice under section 143(2) affects the ability to revise a return. It was explained that assessment is not complete until an order is passed, and until then, the return can be revised. The discussion emphasized that revisions are permissible before the assessment is finalized. (AI Summary)