https://www.taxtmi.com/caselaws?id=17822 A return filed after the time prescribed under section 139(1), and not in response to notice under section 139(2), could not be treated as a valid revised return under section 139(5). On that basis, the subsequent return dated 12 March 1985 did not extend the limitation for assessment under section 153(1)(c). The later Supreme Court view, which held that a return under section 139(4) is not revisable under section 139(5), displaced the earlier Tribunal approach permitting such revision. The limitation question was therefore answered in favour of the assessee, and the assessment could not be justified as time-barred by reference to the later return. en-us Thu, 28 Nov 1996 00:00:00 +0530 Fri, 25 Sep 2009 10:41:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17822 A return filed after the time prescribed under section 139(1), and not in response to notice under section 139(2), could not be treated as a valid revised return under section 139(5). On that basis, the subsequent return dated 12 March 1985 did not extend the limitation for assessment under section 153(1)(c). The later Supreme Court view, which held that a return under section 139(4) is not revisable under section 139(5), displaced the earlier Tribunal approach permitting such revision. The limitation question was therefore answered in favour of the assessee, and the assessment could not be justified as time-barred by reference to the later return. Case-Laws Income Tax Thu, 28 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17822