Mr. Solanki, aged 52 years, has income from business and profession and income from other sources for the financial year 2024-25. He has filed his…

(b) Second Alternative Where the Assessing Officer considers that the return of income furnished by the assessee is defective, he may intimate the defect to the assessee and give him an opportunity to rectify the defect within 15 days from the date of intimation. The Assessing Officer has the discretion to extend the time period beyond 15 days on an application made by the assessee in this behalf. If the defect is not rectified within the period of 15 days or such further extended period, the return would be treated as an invalid return. If the assessee rectifies the defect after the expiry of 15 days or the further extended period, but before the assessment is made, the Assessing Officer may condone the delay and treat the return as a valid return.