held that the return filed by the assessee on December 11, 1980, was not a revised return and was not valid under Section ... that the revised return was a valid return within the meaning of Section 139(5) of the Act and since the revised return
becomes academic because the same position would prevail whether the revised return was valid or not.
4. In the result, the rule is discharged with
appeal, the Ld. CIT(A) held that the revised return filed by the
assessee was valid return; that the subsidy ... revised return under section 139(5) treating the same as capital receipt and
that the Ld. CIT(A) has held the revised return as valid
assessee's revised return (return of loss) filed on 31st March, 1994, is a valid return. The learned Authorised Representative of the assessee ... filing/revising the IT returns, and so also the revised return of loss filed by assessee shall be treated as valid returns of loss irrespective
declaration filed along with a subsequent
return or a fresh return or a revised return, will be valid
provided the return itself is validly submitted ... declaration filed along with a subsequent return or a
fresh return or a revised return will be valid provided the
return itself is validly submitted
return under Sub-section (1) or Sub-section (2) or whether once a revised return has been filed it is supplemented by the revised return ... return on March 30, 1965, and a revised return was filed on March 28, 1966. The ITO made an assessment treating the revised return filed
revised return was filed the original return got substituted, and, therefore, the Income-tax Officer should not have relied on the original return. That argument ... file a revised return under section 139(5) of the Act, and that, therefore, the revised return was not a valid return for being processed
revised return of income filed by the assessee on 12.2.2007
declaring an income of Rs. 10,80,57,290/- and, revising the
return filed ... also be revised under section 139(5) of the Act and as
such, the revised return filed on 12.2.2007 was a valid
return.
3 That
revised return filed by the Assessee has been
accepted by the AO by clear finding in the Assessment
Order. Once revised return is validly filed
Deepak Vegpro (P) Ltd., Alwar vs Acit, Alwar on 24 April, 2017
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