Comment on Taxation Simplified

> For financial year 2011-12, you will have time till 31st March 2014 to file revised returns. You need to choose revised return under section 139(5).

I contacted another CA who told me that last date for filing revised returns for FY 2011-12 was 31-03-2013 and it is late for any corrections. I had incorrectly shown F&O trading losses under STCG in ITR-1 and now want to file revised returns using ITR-4 for FY 2011-12. Please clarify.

Thanks,
Nitin

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