revised return upto 31st March, 2003, i.e., before the end of one year from end of assessment year. Having held revised return as valid ... rectification was the claim made by the assessee in revised return, which was legally valid and the same was held to be valid
revised return (at any time before the assessment could have been completed) in terms of Section 139(5) . Such a revised return was filed ... return was filed under Section 139(4) , there could be no valid revised return thereafter under Section 139(5) . On the other hand
2008 itself
filed revised return of income. The said filing of revised return fulfills both
the conditions i.e. the revised return has been filed ... return, which was
validly filed, replaces the original return of income and for assessment
purposes the original return was to be ignored and only revised
Later he filed a revised return of income on 27.12.2010 declaring revised
total income of Rs 10,15,47,560/-. The main sources of income ... valid revised return. A search
was conducted u/s 132 of the Act on 25.2.2009 and subsequent dates at the residence of
the assessee
treated as valid returns. It was assessee's contention that
since proceedings under section 148 were initiated, assessee can validly revise
the returns ... therefore, held that the revised returns filed on 12.03.2013 for the two
years were not valid returns and the Assessing Officer was justified in ignoring
support of his claim of deduction
through the filing of valid revised return of income and explained
that the said time specified for filing return ... return on 29/9/2010
(i.e. one day before 30/9/2010)' Appellant's claim made in the revised
return is valid
filing the revised return, the claim was withdrawn, the ITO seemed to have thought that first the revised return was not valid and even ... 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
Company Ltd.
revised return after complying with the provisions of Section 139(5) of the
Act up to 31.3.2007. The revised return filed ... assessee as a valid return and complete the assessment after
considering the revised return be a valid return. Thus ground No. 3 taken
relief by holding that the revised return filed on 24th Sept., 2002 was an invalid return, being a return filed put of time and hence ... file a revised return within the period of limitation. The revised return is filed within the period of limitation and is hence valid. In these
filing on 23.12.2010 a revised return of income and a letter
dated 17.12.2010. We find that as the revised return of income filed ... return of income, except for on the basis of a valid
revised return of income, which we find in the case before us the
assessee
