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TMI BlogExtending due date for filing return of income in some cases, reducing time to file belated return and to revise original return and also to remove difficulty in cases of defective returnsX X X X Extracts X X X X X X X X Extracts X X X X ..... le belated return and to revise original return and also to remove difficulty in cases of defective returns Section 139 of the Act contains provisions in respect of the filing of return of income for different persons or class of persons. The said section also provides the due dates for filing of original, belated and revised returns of income for different classes of assessee. Sub-section (1) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... total income, if the section 5A applies to them. Since the total income of a partner can be determined after the books of accounts of such firm have been finalised, the due dates of partners are already aligned with the due date of the firm. Thus, the due date for filing of original return of income of such partner is 31st October of the assessment year. However, this relaxation is not there for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en finalised, it is proposed that the due date of such partner be extended to 30th November of the assessment year. Sub-sections (4) and (5) of section 139 of the Act contain provisions relating to the filing of belated and revised returns of income respectively. The belated or revised returns under sub-sections (4) and (5) respectively of the said section at present could be filed before the end ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be defective, the Assessing Officer will intimate the defect to the assessee and give him a period of 15 days or more to rectify the said defect and if the defect is not rectified within the said period, the return shall be treated as an invalid return and the assessee will be considered to have never filed a return of income. The Explanation to the sub- section lists the conditions in which a ce ..... X X X X Extracts X X X X X X X X Extracts X X X X
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