Revised returns of previous two financial years

Share This Thread
  1. Niteenssg

    Niteenssg New Member

    Mr. A having salary income has filed his itrs for fy 2013-14 & 2014-15 without adding the fixed deposits interest , for which he has submitted form 15g to the Branch. Now can he file the revised returns for the previous two fy after adding fixed deposits interest alongwith return for fy 2015-16. Please guide.
  2. Karan Batra

    Karan Batra Well-Known Member

    ZED likes this.
  3. ZED

    ZED Well-Known Member

    Although, the revised return can as such not be filed but if because of addition of this income, tax is payable then assessee should pay the amount and send copy of challan to AO and also disclose him the income which was not included in the return. This will not be considered as revision of income but will help you in avoiding penalty provisions.
  4. Niteenssg

    Niteenssg New Member

    Thanks Sir..
    ZED likes this.
Draft saved Draft deleted
Similar Threads Forum Date
Filing of I.T. RETURNS REVISED NORMS OF IT ACT. Income Tax Jan 28, 2016
AY2008-09 - Revised tax returns submission Income Tax Sep 6, 2015
Filing Revised returns for TDS on Property inclusion Income Tax Jul 8, 2015
revised return not submitted Income Tax Dec 4, 2017
Filing of revised return u/s 139(5) Income Tax Sep 21, 2017