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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Revised return u/s 139(5) rejected - Revision in the sales ...


Revised return u/s 139(5) rejected; revised sales figure must be considered, original return disregarded.

December 16, 2019

Case Laws     Income Tax     AT

Revised return u/s 139(5) rejected - Revision in the sales figure - in a case assessee files the revised return then it is to be taken into consideration for the purpose of making an assessment and the original return cannot be adverted.

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  10. Revised return filed after expiry of one year - voluntary revised return u/s 139(5) or return filed in pursuance of notice u/s 148 - Revised return after approval of...

  11. Exemption claimed in the revised return filed u/s 139(5) – When the assessee filed its original return of income at that time, assessee was not granted registration u/s...

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