1996 (4) TMI 5 - SUPREME COURT

Held in case of a return filed under sub-section (4) of section 139, a revised return contemplated by sub-section (5) of section 139 cannot be filed - held that the orders of assessment made in respect of the said two assessment years are barred and are not saved by s. 153(1)(b) - Once we hold that no revised returns could be filed by the assessee for the said two assessment years, the assessments made beyond the prescribed period of 4 years (but within 5 years) are not saved by s. 153(1)(c)