scrutiny assessment. Later, revised return of
Income was filed on 16.11.2015. Even if the revised return of
income is a valid return, the scrutiny assessment ... file a revised return and say that the revised return has
substituted the original return and, therefore, the pending scrutiny
assessment proceedings initiated
scrutiny assessment. Later, revised return of
Income was filed on 16.11.2015. Even if the revised return of
income is a valid return, the scrutiny assessment ... file a revised return and say that the revised return has
substituted the original return and, therefore, the pending scrutiny
assessment proceedings initiated
Officer based on first Revised Return of
Income dated 04/05/2010, and did not consider the subsequent revised
returns. According to the learned Assessing ... revised return of income,
certain wrongly declared income was withdrawn, revised return being a
valid return under section
basis of the revised com-
putation were claimed which was not accompanied by
valid revised return as per Sec.139(5) is to be allowed ... Officer cannot entertain any claim made by the
assessee otherwise through a valid return?
3. Whether on the facts and in the circumstances
filing the revised return.
Page 4 of 10
12. The Appellate Authority held that once a revised return has been
filed validly, an Assessment Order ... revised return would end on
31.03.2016, and the revised return had admittedly been filed on 23.02.2015,
well within time.
26. Once the revised return
following submissions:
"Revised Return vis-a-vis Original Return
9. It is humbly submitted that the Assessee Company
filed its return of income ... original return or
revised return. It is important to note that Section 80A(5)
only uses the word return of income and does not restrict
Tribunal in admitting fresh claims not
made by way of any valid return/revised return of income, the ld DR
made the following submissions ... before the AO itself albeit other
than by way of a valid revised return. Hence, the crucial facts of
the Wipro Financecase are distinguishable from
following submissions:
"Revised Return vis-a-vis Original Return
9. It is humbly submitted that the Assessee Company
filed its return of income ... original return or
revised return. It is important to note that Section 80A(5)
only uses the word return of income and does not restrict
assessee stated that the revised return field on 21.11.2019 was a valid
return. Non consideration of this return by the learned AO has resulted ... returned income disclosed in the return filed u/s 153A on
11.08.2018, ignoring the revised return filed on 21.11.2019. The revised return
was filed
revised financial statements filed beyond the
time limit. The Assessing Officer rejected the explanation, holding
that the original audited financial statements filed with the return ... Companies could not be disregarded, that
revised statements filed beyond time without a valid revised
return were not acceptable in view of Goetze (India
