Incometax
bhavesh
(Querist) 12 March 2012
This query is : Resolved
Dear Sir Good Evening
Sir I Have Filed A.Y 2011 - 12 I Tax REturn On 30/09/2011 By E Filing Cpc Bangolore . 25/11/2011 Cpc Bangolore Issu A Letter You Have Filed Revised REturn I Have Some Work Then I Have Not File Revised Return Till Today. Today Cpc Bangolore Process My Original Return And Not Calculation Dep Amount In My Return So My Q Is Can I Filed Rectification ? Compolsory Filed Revised Return? Or Both Please Guide Me What Should I Do For This Matter.
Raj Kumar Makkad
(Expert) 12 March 2012
You should file revised return in the given matter.
H.M.Patnaik
(Expert) 12 March 2012
Dear Bhavesh,
In the instant case you have to file a Rectification Petition seeking inclusion of Depn. amount for arriving at Income from Business & profession as well as Total Income And tax liability afresh.In case You are still aggrieved with the orders passed in this case, you have to prefer an appeal/ revision petition as deemed fit.
A V Vishal
(Expert) 12 March 2012
You can not file a revised return at this stage, however, you may seek rectification of the intimation u/s.154
C. P. CHUGH
(Expert) 13 March 2012
Sectio 139(5) allows an assessee to file a revise return, if the original is erronous, within one year from the date of filling of original return or before processing of return which ever is earlier.
Since now your return has been processed, it could no longer be revised. Only remedy available now is to get it rectified under section 154 of the Act.
