whether a person who has filed a belated return of Income u/s 139(4) of the Income-tax Act, 1961 is entitled thereafter to file a revised return of income u/s 139(5) of the Act.

whether a person who has filed a belated return of Income u/s 139(4) of the Income-tax Act, 1961 is entitled thereafter to file a revised return of income u/s 139(5) of the Act. https://www.taxtmi.com/circulars?id=10377 A belated return filed under section 139(4) does not entitle the taxpayer to file a revised return under section 139(5), and such belated return cannot be used to compute the limitation period under section 153(1)(c); the extended one year assessment period under that provision is therefore not available where the original filing was under section 139(4). en-us Wed, 01 Oct 1975 00:00:00 +0530 Fri, 17 Jun 2011 18:43:00 +0530 TaxTMI RSS Generator whether a person who has filed a belated return of Income u/s 139(4) of the Income-tax Act, 1961 is entitled thereafter to file a revised return of income u/s 139(5) of the Act. https://www.taxtmi.com/circulars?id=10377 A belated return filed under section 139(4) does not entitle the taxpayer to file a revised return under section 139(5), and such belated return cannot be used to compute the limitation period under section 153(1)(c); the extended one year assessment period under that provision is therefore not available where the original filing was under section 139(4). Circulars Income Tax Wed, 01 Oct 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10377