Second Revised Tax Return Post-Merger Rejected Due to Late Filing Beyond Section 139(5) Deadline; No Exceptions Allowed.

Second Revised Tax Return Post-Merger Rejected Due to Late Filing Beyond Section 139(5) Deadline; No Exceptions Allowed. https://www.taxtmi.com/highlights?id=22301 Revised return incorporating the merger - since there is a limitation provided under section 139(5) which cannot be ignored, we have to hold that the second revised return filed was beyond the time-limit prescribed. We cannot direct the Assessing Officer or the Dispute Resolution Panel to consider the same, when the law itself does not permit the same - AT en-us Mon, 30 Mar 2015 11:05:05 +0530 Mon, 30 Mar 2015 11:05:05 +0530 TaxTMI RSS Generator Second Revised Tax Return Post-Merger Rejected Due to Late Filing Beyond Section 139(5) Deadline; No Exceptions Allowed. https://www.taxtmi.com/highlights?id=22301 Revised return incorporating the merger - since there is a limitation provided under section 139(5) which cannot be ignored, we have to hold that the second revised return filed was beyond the time-limit prescribed. We cannot direct the Assessing Officer or the Dispute Resolution Panel to consider the same, when the law itself does not permit the same - AT Highlights Income Tax Mon, 30 Mar 2015 11:05:05 +0530 https://www.taxtmi.com/highlights?id=22301