Time Limit under various sections of Income Tax Act

Section

Compliance

Time/ Due Date

139(1)

Return of Income/ Wealth:

 

-         Company required to furnish report u/s 92 E

30th Nov.

-         Other Companies

30th Sep.

-         Non Corporate assesse where accounts are to be audited or

          working partner whose  accounts are to be audited

30th Sep.

-         Any other case

31st July.

139(3)

Loss Return – No loss c/f, if return filed after due date except House Property Loss/ Depreciation Loss.

As per time allowed u/s 139(1)

139(4)

Belated Return

1 year from the end of the relevant AY or before completion of assessment, whichever is earlier.

139(5)

Revised Return – No return can be revised until and unless original return filed within due date or in pursuance of notice issued u/s 142(1).

1 year from the end of the relevant AY or before completion of assessment, whichever is earlier.

143(2)

Service of notice for Scrutiny Assessment

6 months from the end of the FY in which return is submitted.