Revised Return Filed After Limitation Period Cannot Be Considered: Supreme Court Upholds Dismissal of Appeal by Assessee. The Supreme Court of India held that a revised return filed after the expiry of the time limit under Section 139(5) of the Income Tax Act cannot be entertained by the Assessing Officer, affirming the High Court's ruling.
4 Oct 2024The Assessing Officer cannot consider a claim made in a revised return filed after the expiration of the time prescribed by Section 139(5) of the Inco...
