revised return

  • Income Tax

Retracting from income offered during survey for no cross examination at assessment – upheld

Retracting from income offered during survey and challenging non opportunity of cross examination at assessment stage - upheld In a…

2 months ago
  • Income Tax

Assessee while removing defect u/s 139(9) can not revise income originally returned – ITAT

Assessee while removing defect u/s 139(9) can not revise income originally returned. A corrected return does not have an independent…

2 months ago
  • Income Tax

Provisions for filing updated income tax return for time barred returns on payment of additional fee

Provisions for filing of updated income tax return for time barred returns on payment of additional fee - Union Budget…

2 years ago
  • Income Tax

CBDT extends various deadlines of certain compliances to 31st May 2021. Read CBDT Circular

CBDT extends deadlines of certain compliances by taxpayers deadlines to 31st May 2021 Circular No. 08/2021 F.N0.225/49/2021/ITA-IIGovernment of IndiaMinistry of…

3 years ago
  • Income Tax

No Penalty u/s 271(1)(c) on filing revised return when no such questionnaire was issued with notice

No Penalty u/s 271(1)(c) on filing revised return when no such questionnaire was issued with notice u/s 143(2) ABCAUS Case…

3 years ago
  • budget-2021

Time limit for filing belated and revised return reduced to three months – Budget 2021-22

Time limit for filing belated and revised return reduced to three months - Budget 2021-22 Sub-sections (4) and (5) of…

3 years ago
  • Income Tax

Prosecution 276C(2) quashed as accused filed revised return which was assessed & refund granted

Prosecution u/s 276C(2) quashed as accused filed revised return which was assessed refund was granted by the Department ABCAUS Case…

3 years ago
  • Income Tax

Extension of due date for furnishing belated/revised returns for AY 2019-20 to 30.11.2020

Extension of due date for furnishing belated and revised returns for AY 2019-20 to 30th November, 2020 F. No. 225/150/2020-ITA-IIGovernment…

4 years ago
  • Income Tax

Revised Returns filed belatedly after amalgamation of companies held valid by the Supreme Court

Revised Returns filed belatedly after amalgamation of companies was held to be valid by the Supreme Court in view of…

4 years ago
  • Income Tax

Concealment penalty on filing revised return after enquiry deleted as it was within stipulated period

Concealment penalty on filing revised return after enquiry by Investigation Wing deleted as revised return was within the stipulated period…

5 years ago