https://www.taxtmi.com/caselaws?id=3713 A belated return filed under Section 139(4) of the Income-tax Act, 1961 cannot be revised by a later letter seeking additional deductions. The article explains that such a letter is not a valid revised return and therefore cannot trigger assessment consequences based on revised-return treatment. On that basis, the variation in income would not attract the procedure under Section 144B, and extended limitation consequences cannot follow from treating the letter as a revised return. The discussion concludes that a return filed under Section 139(4) is not revisable in law through a subsequent letter. en-us Wed, 17 Jan 2007 00:00:00 +0530 Sun, 22 Dec 2024 07:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3713 A belated return filed under Section 139(4) of the Income-tax Act, 1961 cannot be revised by a later letter seeking additional deductions. The article explains that such a letter is not a valid revised return and therefore cannot trigger assessment consequences based on revised-return treatment. On that basis, the variation in income would not attract the procedure under Section 144B, and extended limitation consequences cannot follow from treating the letter as a revised return. The discussion concludes that a return filed under Section 139(4) is not revisable in law through a subsequent letter. Case-Laws Income Tax Wed, 17 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3713