The revised return can be filed before the expiry of one year from the end of the relevant assessment year or before the completion of assessment, whichever is earlier, As per section 139(5) of Income Tax.You cannot revise return ifyour return is processed. For example: If a Return of I...
LTA:Expenses on a trip during the year against your LTA can only be claimed via your employer. LTA is allowed to be claimed twice in a block of four years. The current block is 2014 to 2018. There is some relief available as you are allowed to carry forward your unclaimed LTA to the...