Mr. Vineet exercised the option of shifting out of the default tax regime provided under section 115BAC(1A) and submits his return of income under…

Since Mr. Vineet has income only under the heads "Salaries”, “Income from house property" and "Income from other sources”, he does not fall under the category of a person whose accounts are required to be audited under the Income-tax Act, 1961 or any other law in force. Therefore, the due date of filing return for A.Y.2026-27 under section 139 (1) , in his case, is 31st July, 2026. Since Mr. Vineet had filed his return under optional regime on 12.7.2026, the said return is within the time provided under section 139 (1) . As per section 139 (5) , a return furnished under section 139 (1) can be revised. Therefore, Mr. Vineet can revise the return of income filed by him under section 139 (1) in December 2026, to claim deduction under section 80TTA, since the time limit for filing a revised return is three months prior to the end of the relevant assessment year, which is 31.12.2026. However, he cannot revise return had he discovered this omission only on 21.03.2027, since it is beyond 31.12.2026.