https://www.taxtmi.com/caselaws?id=19367 The High Court of Kerala ruled in favor of the assessee in a case concerning the validity of an assessment completion period under section 139(4) of the Income-tax Act, 1961. The court held that subsequent returns under section 139(4) are not permitted, and only original returns under sections 139(1) or 139(2) allow for revised returns under section 139(5). As the assessee filed the return under section 139(4) without the option for a revised return, the later return was deemed invalid. Consequently, the assessment completion period could not be based on the second return date, resulting in a decision against the Department. en-us Mon, 12 Dec 1994 00:00:00 +0530 Thu, 05 Nov 2009 16:53:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19367 The High Court of Kerala ruled in favor of the assessee in a case concerning the validity of an assessment completion period under section 139(4) of the Income-tax Act, 1961. The court held that subsequent returns under section 139(4) are not permitted, and only original returns under sections 139(1) or 139(2) allow for revised returns under section 139(5). As the assessee filed the return under section 139(4) without the option for a revised return, the later return was deemed invalid. Consequently, the assessment completion period could not be based on the second return date, resulting in a decision against the Department. Case-Laws Income Tax Mon, 12 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19367