• Feb
  • 13
  • 2014

Section 139(5) – Revised Income Tax return

Posted In Income Tax | | 86 Comments » Print Friendly and PDF

An assessee who is required to file a return of income is entitled to revise the return of income originally filed by him to make such amendments, additions or changes as may be found necessary by him. Such a revised return may be filed by the assessee at any time before the assessment is made. There is no limit under the income tax Act in respect of the number of time for which the return of income may be revised by the assessee. However, if a person deliberately files a false return he will be liable to be imprisoned under section 277 and the offence will not be condoned by filing a revised return.

As per section 139(5), 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.  Thus return of A.Y 2011-12 can be revised till 31st March 2013 or before the completion of the assessment whichever is earlier.

Point to Remember

1- Revise tax returns within one year from the end of the assessment year or before the assessment. For the financial year 2010-11 one can filed the revised return up to march 2013.

2-You can’t refile your return if income tax department already did the assessment of your return.

3-If you missed any deduction or income in the return you can refile it.

4-If some information come to your knowledge after filing the return you can refile it.

5-The receipt no. & the acknowledgement no. is must for the refiling of the return.

6-Revision is allowed only if the omission was unintentional. The benefit of Section 139 (5) cannot be claimed by a person who has filed fraudulent returns. Section 139 (5) will apply only to cases of ‘omission or wrong statements’ and not to cases of ‘concealment or false statements’. Once you revise returns, the original stands withdrawn. If the omission(s) in the original return is intentional, the assessee will be penalised

7-No need to pay interest u/s 234A if any tax due, but you have to pay 234B, 234C interest if due

8- you can only revise the return if the original one was filed on time. Belated returns cannot be revised

9- You can file a revised return only in case of ‘omission or wrong statements’ and not for ‘concealment or false statements’

10- Returns can be revised when filed pursuant to notice under Section 148  as it is provided u/s 148 that for such return all the provisions of section 139 shall apply.

11- You will have to cough up 100 to 300 per cent of tax due as penalty for concealing income

12- If the returns are revised before the notice under Section 148 is issued, then there is no penalty.

13- If income was hidden in the original return and is revised and disclosed after the assessing officer pursued it, then a penalty is levied. If the revised return shows a higher income than originally declared, a penalty may or may not be levied.

14- Revised returns have a higher chance of landing a scrutiny letter from the I-T department.

15- To file revised returns, one can use both the online and physical methods. However, you can revise returns online only if you have filed the original returns online and have the 15-digit acknowledgement number. You cannot, otherwise, file returns online. The I-T department searches for the original details once the returns are revised. On not finding the original return, an error is shown. Therefore, it may be wise to revise in physical form.

16- If the taxpayer has revised return after the survey and it was has found that the mistake in the original return was not bonafide then levy of penalty is justified.

17- If some income was concealed in the original return and revised return disclosing such  income is filed after the AO has unearthed such undisclosed income then penalty can be levied.

18- If the asseessee after the search filed the revised return declaring higher income than declared in original one, to buy peace of mind and to avoid litigation then penalty cannot be levied .

19- If the taxpayer has declared higher income in revised return of his own and there is nothing to prove that the taxpayer had concealed income malafidely then no penalty can be levied.

20- If the asseessee after the search filed the revised return declaring higher income than declared in original one, to buy peace of mind and to avoid litigation then penalty cannot be levied.

Text of Section 139(5)

139(5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier :..”

(Republished with Amendments)


86 Responses to “Section 139(5) – Revised Income Tax return”

  1. kalpana khatri says:

    Hi,

    I filed a revised return and sent the revised return ITR only as i was not aware that i even the original needs to be send along. i received the acknowledgement receipt for the same but no refund has been credit yet.

    Kindly suggest what needs to be done.Should i send it again along with original ITR.

  2. Keyur says:

    Dear All

    State Bank of India deduct TDS on Interest for the F.Y.2008-09 & issue certificate to assessee but Bank not to mentioned Such TDS amt. in their TDS return file, after lots of process of assessee with bank, Bank has deposited such TDS amt.with principle amt. in the f.y.2013-14. & now it is shown in 26AS
    So my question is that How can I take refund of such amount.
    please do the reply

  3. Sudipta Kr Ghosal says:

    I received an “139(9) defective return notice” for AY 2013-14. My employer had deducted Rs. 8,867 and Rs. 531 additional tax had been paid by me through 280 bank challan. In addition, I filled up corrected return which was uploaded on 30/04/2014. But, I have not received any intimation and the same defective notice is received on 28/10/2014. It has been observed that some interest calculation (around Rs. 75) has been done on the additional tax and due to which I paid an additional tax of Rs. 100. Now, how can I filled up the form? Will I fill up a revised return or original return? Please help me…and guide me the steps….

  4. NSS says:

    I got a notice under Section 143 (1) informing me of some TAN numbers not matching. So I filed a rectification request. After doing so I realized that there are a couple of TDS amounts which I forgot to mention in the return but they were now being seen in 26AS. Immediately (on the same day) I filed a revised return. This revised return has proper TAN numbers, so it includes the information given in the rectification request. Now, the question should I let the rectification request be, or should I withdraw it? I have 7 days time left.

    – NSS

  5. Shivani Gupta says:

    I have two questions?

    I have filed a return of AY12-13 on time and my order of refund has been processed.

    By Mistake a digit of bank account entered has been mistyped and thus wrong bank account number has been provided in the return.

    I have got an intimation for failure of refund.
    While I am following the procedure for reissue request on the income tax site, it is not asking about the bank account field.

    Question 1: What is the procedure for making the rectification of wrong bank account entered in the return? Does a simple application to the department will work? If so, addressed to whom and which address.
    As the assessment is already complete rectification cannot be made.

    Question 2: As the details are copied from the previous return, the same mistake is taken over for AY-13-14 as well. In this case what’s the procedure for rectifying the bank account number? Do I have to provide any application to the department in this regard or I have to file the revised return?

  6. V K Sharma says:

    What does completion of assessment means. Is it getting information U/S 143(1) by assessee by Income Tax department or passing notification/order by Income tax department.

  7. Sandee says:

    My IT file is lost. Both form no 16 and Acknowledgements and ITR received from IT authority also were in that file. Now I want ITR for the FT 2011-2012 and 2012-2013 for banking purpose. Please guide me from where I will get this.

    Thank you

  8. Amal Vijayan says:

    Dear Sir,

    By mistake I entered the returns of the financial year 2012 13 in the place of the Assessment year 2012 13. So now a fine with balance payment of around 25000 has come from Income tax Department. What should I do to revise the returns? Actually I have already submitted the tax. Please help.

    Thanks & Regards.

    Amal Vijayan.

  9. RAJKUMAR says:

    I had submitted my return through e-filling for the assessment year 2012-13 within due date claiming certain amount of refund. Accordingly, assessment had done and IT Dept. paid my refund on 12.09.2014.

    On careful checking, I understood that there was some mistake during calculating and submitting return on my behalf. As a result, the excess amount of refund was received by me from IT Dept.

    Kindly let me know should I return the excess amount of refund to the IT Department and how?

    Rajkumar

  10. Naresh says:

    Dear Experts,

    Sub: IT Rectification for tax credit mismatch due to selection of incorrect AY – Reg.

    While filing ITR, I have wrongly selected the AY as 2012-2013 instead of 2013-2014. Due to which an intimation u/s 143 has been raised on 24-07-2014 due to tax credit mismatch and subsequently intimation under 245 sec has been raised on 31-07-2014.

    As the Rectification rights have been transferred to local Jurisdictional Assessing officer. I have met AO, he said he doesn’t posses the right to change the AY. Kindly let me know how to proceed further.

    Regards,
    Naresh

  11. Narendra says:

    hi team, I submitted my ITR-1 for AY 2014-2015 and on 26-7-2014 with due of 20 rs tax. and in IRT-V its reflection like Tax Payable (6-7e) —20 rupees. So kinldy let me know how I can fill tax and correct it, or can I send it as usual ???

  12. Puneet says:

    have filed Income tax return for FY 2011-12, with in due date. Now I realized that there is some refund for which i am eligible, I can I file Revised return. Similarly for FY 2012-13, I have filed return. I got Refund of Rs 230. But I am eligible for Rs 8000, Can I file revised return?

  13. vipinder says:

    i filed my income tax return for the assessement year 2012-13 manually. after a year i got my refund which was lesser than what was due. so i contacted my office clerk for the same to check whether there is any discrepancy in my TDS. at that time it came to my knowledge that my gross salary was calculated more (16 A) than i actually got while the form 26As showed my correct gross salary and TDS. so there was calculation error of my gross salary.
    then i tried for filing a revised return but as the time period of filling my revised return has lapsed i was not successful. kindly help me or suggest me any solution you have. otherwise i have to face loss of my hard earned money due to the mistake of my office clerk.
    please help me

  14. Zahid Gadhvara says:

    i file income tax return for the Assessment year 2013-14 on 18/09/2014 for audit case my case selected income tax scrutiny income tax issue notice u/s 143(2) can i revise that return

  15. Kuldeep Singh says:

    Dear Sir,

    While filing my I.T Return for A.Y 2013-14, I wrongly filed Return in Form for A.Y 2012-13. Later i received a intimation letter u/s 143(1) demanding an amount to be payable without taking into account my TDS creditable for the current year. What is the procedures I should have taken to handle the situation. Kindly reply ASAP.
    Regards,

  16. Shamrao Nikalje says:

    Hi, I got one INTIMATION U/S143 ( 1 ) OF THE INCOMETAX ACT,1961.
    It is for financial yr 12-13

    I have paid income tax of Rs.16000/-through my employer. It is also reflected in form 26AS. However, while filing E return, it is noted in SELF ASSESSMENT TAX instead of TDS. In intimation it is kept blank. and demand raised for the Income tax of Rs.15830/-i.e. actual Tax. I have made rectification for two times but the status is RECTIFICTION PROCESSED. DEMAND DETERMINED

    Now wanted to know should I go for rectification or should I file revised ITR. Also wanted to know how to generate XML file as it is required for submitting rectification form.
    – See more at: http://taxguru.in/income-tax/revised-return-section-1395-income-tax-act-1961.html#sthash.5Qv81FAk.dpuf

  17. Vidha s says:

    I have filed my original itr on 4-aug-2014.
    I forgot to mention my US salary in income page of itr2. I fall under ROR category. So I revised my filing and included my US salary in the revised return on 16-August-2014 I payed self assessment challan to Indian govt based on my revised calculation. I have sent my itr-v original n revised to Bangalore.
    Will my revised return be accepted? Or will that be considered as belated. If my revised return is not acceptable what is the next thing I need to do .

  18. AMIT says:

    Hi, I got one INTIMATION U/S143 ( 1 ) OF THE INCOMETAX ACT,1961.

    It is for financial yr 13-14.

    Now wanted to know should I go for rectification or should I file revised ITR. Also wanted to know how to generate XML file as it is required for submitting rectification form.

  19. venkatesh says:

    dear sir ,
    i have filed excess tax refund in the last assesment year. and i have received the refund. now i have realised that was excessive amount i have claimed refund. what should i do now to avoid further complications

  20. sudhir says:

    Sir i filed income tax return on30.7.14 on line tax payable I am an employee of BSNL. THEY HAVE DEDUCTED TAX OF 77345. BUT WHILE FILING ON LINE IT SHOWED A PAYABLE BALANCE OF 4569 BECASUE THE DEDUCTED TAX WAS NOT UPLOADED FULLY BY THE EMPLOYER. BUT BY MISTAKE I SUBMITTED IT.
    AGAIN I FILED THE TAX BY DOWNLOADING ITR1 AND MENTIONED REVISED SECTION AS 139 (5) . THIS TIME IT IS OK BUT I WANT TO KNOW WHETHER THE SECTION I HAVE SELECTED IS CORRECT OR NOT PLEASE – See more at: http://taxguru.in/income-tax/revised-return-section-1395-income-tax-act-1961.html#sthash.3eJsUlJZ.dpuf

  21. silasasa says:

    Dear sir,
    we filed Mr.X return after due date in A.Y.2013-14. recently we found in 26As A payment received by way of compensation from A Company which under take Govt Project.can i file Revised Return Now

  22. Arul says:

    Dear Sir,

    I have I (Individual) filed income tax return as per the income tax norms and I have received acknowledgement from the IR dept.

    can I file revised return now to change the address ?

    Please guide me.

    Best Regards,

    Arul. A

  23. Ran Singh Dhaliwal says:

    In my case tax has been deducted as per required by my employer but due to some fault it was reflected less in farm 26AS at the time of return filing on line it was shown less Rs.1730/- so tax was deposited and the return was filed in time. Now the employer re issued the Farm 16 and said it will be uploaded on income Tax depat.’s site. should i file the revised return for get refund of tax deposited and under which section.

  24. Shubham Jain says:

    Can i file the revise return,if i already posted my original return to Banglore IT department.
    Or can i File the revise return if I am not posted the Original return to Banglore IT department.

  25. Ravindranath says:

    I filled wrong details in the incomde section and submitted the xml. I need to upload the corrected XML, please let me know the way

    regards
    B G Ravindranath

  26. Balareddy says:

    Sir i filed income tax return on30.7.14 on line tax payable I am an employee of BSNL. THEY HAVE DEDUCTED TAX OF 77345. BUT WHILE FILING ON LINE IT SHOWED A PAYABLE BALANCE OF 4569 BECASUE THE DEDUCTED TAX WAS NOT UPLOADED FULLY BY THE EMPLOYER. BUT BY MISTAKE I SUBMITTED IT.
    AGAIN I FILED THE TAX BY DOWNLOADING ITR1 AND MENTIONED REVISED SECTION AS 139 (5) . THIS TIME IT IS OK BUT I WANT TO KNOW WHETHER THE SECTION I HAVE SELECTED IS CORRECT OR NOT PLEASE

  27. Amandeep Babbar says:

    While filing itr by mistake I have clicked on submit button without filling net income.
    So the tax amount paid is reflecting in refund column in itr form.
    I have not posted the form yet.
    what should I do?
    Can I file Itr again for same assesment year or the only option is rectification request?
    Please guide the whole procedure to be followed

  28. I submitted my returns for AY 2014-15 through e-filling on 15/7/14, while entering the data in quick e-filling I forgot to enter income details, but tax details are entered and submitted ITR – V generated to sent to my email. Later I conclude that it was wrong, because it shows refund amount in my acknowledgement.

    Later I revised my returns under 139(5) section again acknowledgment generate and sent to my mail.

    Now I have a doubt which acknowledgement should be sent to CPC office either old acknowledgement or new (revised) acknowledgement please help in this regard.

  29. ARINDAM PATRA says:

    hi,
    i have filled my itr-1 for 2014-15,but i have fill wrong e-mail id ,so does it creates problem in ITR-V.
    Please guide me what should I do?
    How can I change mail id ?

  30. ARINDAM PATRA says:

    hi,
    i have filled my itr-1 for 2014-15,but i have fill wrong e-mail id ,so does it creates problem in ITR-V.
    Please guide me what should I do? should i fill revised return?
    How can I change mail id ?

  31. Rajneesh Gupta says:

    Dear Sir,

    While e-filing my IT return for Assessment year 2008-09, I did a mistake..
    Being first timer, I downloaded 2007-08 instead of 2008-09.

    Secondly, during Assessment year 2009-10, my deductor deposited the tax of 1 quarter in A N XPG7652C instead of A H XPG7652C..For this, I have been served a demand notice by IT deptt.

    My 26AS statement is not matching with the Form-16 supplied by company.

    Please suggest what to do ?

    Company is doing nothing..

  32. Dhara Kanzariya says:

    hi,
    i have filled my itr-1 for 2014-15,but i have fill wrong city name in my address ,so does it creates problem in ITR-V.

    Please guide me what should I do? should i fill revised return?

  33. DKGOYAL says:

    AY2013-14,DEMAND OF INTEREST UNDER 234A for RS seventy only has been paid online today,Now what to do further. How to inform INCOMETAX deptt online in order to connect their CPC REFERENCE NUMBER

  34. bibhuti says:

    Sir please help me, that i have wrongly submiited zero income. by clicking submit button online, how could i revise, it means when to revise return before sending ITR to dept or after sending to CPC bangalore. please advise me. any penalty please ?. i have net income of 1,50,000/-

  35. samantsg says:

    by mistake i have push sumbit button while preparing return for the a/y 14-15 (i have file it on 05.06.2014).in this return by mistake i have not show my gross salary. so tax paid amount is showing. since tax paid amount is appering and there is no gross salry (which by mistake i have not put )in result refund amount is showing same tax paid amount.how to rectify the mistkae while filleing revised retun under which clause of itax i have to file it in due date

  36. jatin says:

    How to form capital without giving tax on it.Can i take my money in the form of gift and make it capital.

  37. harsh vardhan says:

    i have forgotten to avail the rebate under section 80 E education loan interest in FY 2012-2013 AY 2013-2014 . Now i want to revised my ITR1 under the head Rectification But it required communication order No . it is from my side so pl advised how to add this amount .

    regards

    harsh vardhan

  38. Mukesh Kumar says:

    Sir,
    I filed IT return of AY 2012-13 in time on the basis of physical 16A certificate issued by the bank. However, the bank did not file 26 Q in time and demand was raised by the IT dept. The bank has now filed the 26 Q on IT website. The return does not match the income and TDS thereon originally given to me by the bank. It shows more income and more TDS but leaves some amount of Tax to be paid by me.

    Please advise what to do in the circumstances as time limit for filing of revised return is alread over.

  39. Sir,

    I have erroneously failed to fill the income details while filing my return for AY 2014-15. But I have filled the other columns like tax paid, details of payments made with tan no. of employer. I have also submitted by uploading the return after which only I could find from the hard copy of the of the front page that the income details are not filled. Kindly advise further action. Regards

  40. Nagi says:

    Hi,

    i have wrongly filled my annual income while filling the ITR for AY 2013-14. and hence i got a acknowledgement letter that i need to pay 10000 more.after that i filled again through Rectification request entering the actual income,and again i got an acknowledgement stating that your request can not be rectified at cpc,and it is transferred to juridictional assessing officer.
    now again i saw insturctions from this site and applied revised returns again.
    please let me know whether revised returns will solve my problem or not?

  41. Manpreet says:

    Hi

    I have filed the original ITR return in ITR 1 form online. Based on someone input i calculated the tax again & find i have to pay more tax. I pay the online challan & revised my ITR form1 & submitted online. Now i verified my form 26A & review my tax. it shows that i have paid Rs 1300 extra. Can i file another revised ITR 1. Pl guide.

    Regards
    Manpreet

  42. murthy says:

    Dear sir,

    I have filed my IT returns online for AY 2011-12 & 2012-13 , but till date I have not received by refunds. When I contacted CPC, Bangalore on help line a couple of days ago, I was informed that hard copies of ITR-V have not been received by them hence not processed ( Hard copy should be received by them with 120 days filing. Since it is delayed now, they said not possible to process at CPC) Infact, hard copies of ITR-V were posted by my auditor to CPC in time, but they have missed some where. Now, what should I do and how to get my refunds from IT dept. Please suggest me my mail ID

  43. himoj says:

    hello, i filed retunn on 17/06/2014, but in that i found a mistake on 20/06/2014. can i file a revised return now u/s 139(5)?

  44. Raji says:

    I’m a pensioner (snr citizen). I have calculated my tax amount payable for this year (including income from other sources) as 44540 out of which TDS deducted already was 10355. So now the self assessment tax amt payable is 34185 + interest on 234 b + 234c = 36476. But while entering in online quick efile ITR, these 234b and c interest are not getting populated and system is showing that 2290 as refundable amount. Is this correct? Can you pls guide me? – See more at: http://taxguru.in/income-tax/revised-return-section-1395-income-tax-act-1961.html#comment-967874

  45. Raji says:

    Sir,

    I’m a pensioner (snr citizen). I have calculated my tax amount payable for this year (including income from other sources) as 44540 out of which TDS deducted already was 10355. So now the self assessment tax amt payable is 34185 + interest on 234 b + 234c = 36476. But while entering in online quick efile ITR, these 234b and c interest are not getting populated and system is showing that 2290 as refundable amount. Is this correct? Can you pls guide me?

  46. shashi says:

    Hi everybody

    Please guide me i have FY 2010-11 TDS is there but i not filled IT return, yet e-filling possible or not possible, how much i will taken interest and penalty

  47. nadaf m m says:

    I have filed original return with GTI RS 162000/- as my salary income in physical Form for ay 2013-14 Now I have to revise my return with professional income if rs.500000/-, i.e. GTI of rs 662000/-. As income is above rs. 500000/-, return has to be filed online. But original return is filed physically. I am not able to file the revised return either online or physical form. Please suggest me

  48. Satyendra Prasad Sinha says:

    I have a show-cause notice u/s 147 of the I.T.Act,1961 for the AY 2012-13.
    Income of interest received, Rs. 1,15,720/-, had not been included in income for the year 2011-12.
    There was no liability of tax for taxable income of Rs. 2,47,340/-
    On addition of escaped income of interest (Rs.1,15,720),total taxable income comes to Rs. 3,63,060/-on which the amount of tax comes to Rs.11,306/-. Tax deducted at source by the SBI is Rs. 17,409/-.
    As such, a sum of Rs. 4,103.00 stands refundable to me.
    Please suggest me in this regard.

    spsinha

  49. Akash says:

    sir pl tell that if i haven’t claimed refund in 2013-2014, can i can claim it next assessment year, I have filed belated return and belated return cannot be revised. Can belated return is revised or not

  50. BIMAL BHADRA says:

    sir my quistion is i m filing my return for the a.y.2013-14 insted of 2012-13 now how can file my my old a.y.2012-13 return ………………

  51. NARESH GUPTA says:

    I FAILED TO UNDERSTAND THE LOGIC BEHIND THE RESTRICTION TO REVISE THE RETURN IN CASE OF BELATED RETURNS. IN OTHER WORDS , THE ASSESSEE SHOULD BE HANGED IN CASE THERE IS A BONAFIDE MISTAKE IN STATING THE INCOME ETC IF HE IS LATE IN FILING THE RETURN. IT IS NOT FAIR ????????????????

  52. Vineet Sharma says:

    I made a mistake while paying my self assessment tax for AY 2013-2014. Instead of selecting AY as 2013-2014 i wrongly selected it as 2012-2013 and made the payment of Rs 9220/-.
    On realizing the mistake i again made another payment for the correct AY of 2013-2014 for Rs 9220/-. So I have paid IT Dept an excess of Rs 9220/-.
    What do i do now to reclaim this amount? Please advise.
    I was told that this amount will be posted back into my account by IT Dept. and hence I was waiting but nothing has happened.

  53. Latha says:

    I have filed my IT return for AY 2012 – 13, in paper form, within the due date. Now I want revise the return by including the bank interest. Can I E-file the return as a belated return under section 139(4), instead of filing a revised return under section 139(5) in paper form. Please advise.

  54. kusum singh says:

    I am a govt.employee. our income tax for year 2009-10. 2010-11, 2011-12, 2012-13 deducted, but i could not file income tax return for these year. I received a leter from income tax office for reply of reason for non filling of income tax return for these years.
    in this position what i do. and what relpy i send to IT office.
    Pl. Help me
    thanks

  55. G S Govindaraj says:

    I had received a communication on the demand determination on my income tax return filed and processed for the assessment year 2009-10. It got determined because of my wrong filing of my income tax return [details entered by me as Gross Income under the head salaries was wrongly typed as same as that of Gross Income. As the first time submission through online, I did this mistake unknowingly. Later I got realized about this only after the demand determination was made by IT office.

    While I had tried to notify the changes in the matter through online rectification process, I got informed again that I had to pay the demand charges as the income changes is not allowed through online rectification process.

    Can you please suggest the best way to handle this problem?

    Thank you in advance.

    Regards,
    G S Govindaraj

  56. Subramaneswar says:

    I have uplaoded FY 11-12 details in place of FY 10-11, hence there has been a demand notice of Rs 10990/- from income tax dept for past on 25th august 2011.
    i have tried to get it done through a accountant but he has kept it pending, now how can i do this online.
    as per FY 10-11 i am supposed to pay 1697 and has been deducted from my salary and is evident in Forma 16.
    dept is send me the notification repeatedly.

    Plz suggest.

    Regards,
    Subramaneswar

  57. rajiv says:

    My house rent is around 9000/ PM

    But my company has mentioned wrong figure in form 16 i.e. 9600/- Per Anum instead of 96000/-

    I have filled return based on HR mentioned in Form 16 i.e. Rs9600/- Per Annum on 05.08.2013 due to receipt of form 16 very late.

    Please suggest if I can file revise ITR based on hr 96000/- Per Annum which was paid by me in actual. Can i get the refund and what should I do to get the refund.

    Thanks & Regards,

    Rajiv Bhandari

  58. Elvis says:

    I have filed a revised return where in I corrected an income that by mistake was an accumulation of 2 years of my IT refund. I believe IT refund is not considered as income, but my original retunrn was filed 5 days after the end of the assesment year (ie 5th April).

    Is there any way for me to claim my refund???

  59. Baliram Badad says:

    Sir,

    I have filed ITR1 of Assessment Year 13-14 well in time. But oversight I made mistake in Tax as refund instead of no refund. i have recd ITR- V through mail but I want to rectify the mistake. should I send revised return u/s 139(5). Pl advise.

    Thanks & regards,
    Baliram Badad

  60. SRKUMAR says:

    i have filed my ITR 12-13 original i could not put the taxable income
    i had filed a revised ITR U/s.139(5). but i forgot to put my original ITRs acknowledgement number. Now the question is whether I should file it again putting the original ITRs acknowledgement number or is it okay

  61. Raju says:

    i want to help in case of e filling of return for AY13-14
    my question is
    i filling e return for the AY 13-14 in which i write in declaration column my name Raju Gottikoppula instend of my right name Raju Gattikoppula then uploaded the xml file then generate ITr-V my name of Bhagirath kumar bhati
    pl provide the way to correct my ITr-V

  62. bhagirath bhati says:

    i want to help in case of e filling of return for AY13-14
    my question is
    i filling e return for the AY 13-14 in which i write in declaration column my name Bhagirath kumar bhati instend of my right name Bhagirath Bhati then uploaded the xml file then generate ITr-V my name of Bhagirath kumar bhati
    pl provide the way to correct my ITr-V

  63. PARTHASARATHY says:

    I received an intimation under sec 143(1) in which the CPC did not consider the tax credits for earlier years .I did add the corresponding income since the accrued incomes were not considered by me earlier.On talking to them on their helpline, i was told that in AY only tax credits of the said year will be considered. If so want to file a revised return deducting the incomes pertaing to earlier AYs , in other words my revised return will now contain areduced income under ‘incime from other sources” There is no concealment since corresponding taxes are already paid through TDS. Is it in order

  64. Naveen Jain says:

    Can a revised return be filed after getting a notice u/s 139(9)? Instead of addressing the defects pointed out (as it is found difficult) can entries giving rise to defects be modified to forego some benefit of set off of business loss and revised return be filed in response to the Notice?

  65. vijay kumar says:

    whether hra exemption mised in return for ay 11-12 can be rectified us @154.form 16 shows the hra deduction thus computed less tds..intimation us @143(1) received on march2013 and asking for additional tax on hra missed portion..whether any rectification can be done

  66. Satish Kumar says:

    I filed my father’s return ITR 2 for the A.y.2012-13 in march.13. But by mistake the amount of Short term capital gain entered under the this column “From assets in case of non-resident to which first proviso to section 48 is applicable “. Then what can i do now?

    My Queries:-
    1) Can i file the revise return of my father before 31st march.2013.
    2) Should i file the revise or rectification return after received the intimation from CPC.
    3) What should i do?

  67. Yashvardhan Singh says:

    sir, i filed a revised income tax return (ITR-4) of a client for the assesment year 2012-13. i mistakenly send the acknowledgement of original return to CPC Banglore. Now i received the order letter for payment of tax due which had been fulfilled in revised return. How can i rectify this issue and please state the procedure. thank you

  68. Hemal Kurani says:

    Dear Sir,

    I have filed my ITR-4 on 21/01/2013 for FY2011-12 online. Hard copy received at banglore on 02/02/2013.

    My question is that i have shown TDS refund in my ITR and in how much i can get my TDS refund?

    Pls guide.

    Hemal Kurani.
    Rajkot

  69. Deepak says:

    Dear All,

    I have filed belated return for the A.Y-2011-12 in A.Y-12-13, against Which I have received Assessment order u/S-143(1). And there was a misstatement of my PAN number in TDS certificate which leads to a misstatement of TDS refund figure in 26AS. And I had filed return as per my TDS certificate & also received the refund amount. The return has now processed by CPC. So, as per 139(5) I couldn’t able to file revised return. And what can I do now for my rectification. Assessment order yet to received by me in my mail, I have only received a SMS regarding that. How can I get-rid of this situation. Pls help me.
    Waiting for reply

    Thanks A lot
    Deepak

  70. I return efilling IT refurn for AY 2011-12 as on 29.7.11 but I am not received my refund then I check my refund status/return then IT department shown as rejected so i can again revised same return

  71. Goutam Biswas says:

    I have filed e-return and received intimation us/ 143(1). Now can I file revised return since I have forgotton to claim exemption u/s 80G. Please reply.

  72. ROHIT KUMAR SINGH (ADVOCATE) says:

    .I have filed my return (ITR-4) online on 08-07-2012 for the AY 12-13 but mistakenly P/L and deducation on 80c.
    I do not submet itr-v on cpc center in bangelore
    Now want to revise my return, original return is still showing unprocessed.

    My queries are:
    1. Is it mandatory for me to file revised return ONLINE only?
    2. Can’t I file offline revised return?
    3. Unable to find the field for claiming exemption of HRA in the excel utility downloaded from the website.

    Please help.
    Thank You

  73. bhavesh says:

    what if the AY was 2010-2011 and the period has expired now…?

  74. manoj says:

    Can you please clear this doubt regarding revising returns?

    Since e-return is not considered valid unless the itr-v is received at CPC Bengaluru within 120 days of e-filing the return. Does this mean that if we revise the e-return within due date (that is now August 31, 2012) we can e-file the revised return as original within due-date and drop sending the itr-v of earlier e-filed return (on 31 July 2012)?

    Person who e-filed the return, seems to made a bit of mess in hurry on 31 July 2012. For a salaried person with losses from share market activity (short term, long term, fno) he used itr-4 and there put the losses from share market activity as income from profession and adjusted current year’s losses against the interest received from bank, and carried forward the remaining losses as losses from business/profession rather than losses from share market activity. When enquired, he said that the software (guess, he meant the itr-4 excel file) did this adjustment?

    After whatever I understand from reading various blogs/articles on net, it appears to me that this is incorrect. Itr-2 should have been used and not itr-4, and losses from share market activities can not be offset against current year’s bank interest (putting every thing non-salary under other income).

    Please provide your views. This is first year of e-filing the returns, and it seems all so complicated.

  75. niranjan says:

    i have filed my i tax return on 13/06/12 but forgett to furnish 80 D premium paid.now can i filed revised i- tax return.

  76. Prashant says:

    I have made a mistake while filing itr1 for ay 12 -13.
    Instead of ‘psu’ in employer category, i selected ‘na’ and made the filing.
    Also another error made was in the tds sheet, where i entered the ‘total taxable salary’ instead of ‘income chargable under head salaries’. With these errors the efiling was done and also got the itr 5.
    Can these errors be corrected. Do i have to file a revised return? How can i file the revised return? Please guide.

  77. ashu says:

    i have entered the wrong bank account no while e-filing ITR-1 for 2012-13 and noticed just before sending hard copy of verification form, is it possible to rectify the problem now 

  78. jay says:

    i am govt employee with NPS.  my employer had issued form-16 in which he calculated tax even for employer and employee contribution in NPS. but according to sect 80CCD(2) one part is tax free. i filled IT return form-1 according to form-16 and paid tax Rs. 1611 extra.  what should I do ?  please guide me.

  79. Hareesh M says:

    Hi jithendra Varma, 

    1.  AFAIK, you need to file revised return online only, as you had filed your original return online. 
    3. you need to give the ‘income taxable under the head salary’ figure only in the corresponding field. This figure will be your total salary figure reduced by HRA, and other all allowable allowances.

  80. Jitendra Verma says:

    I have filed my return (ITR-I) online on 29-05-2012 for the AY 12-13 but mistakenly didn’t claim HRA exemption.
    Now want to revise my return, original return is still showing unprocessed.

    My queries are:
    1. Is it mandatory for me to file revised return ONLINE only?
    2. Can’t I file offline revised return?
    3. Unable to find the field for claiming exemption of HRA in the excel utility downloaded from the website.

    Please help.
    Thank You

  81. TVS says:

    Some very good queries asked in this section.
    I also have a similar predicament. My IT return for fy09-10/AY10-11 did not reflect the TDS of 26AS as I had not received the Form16A from the banks for interest paid. I wasn’t even aware of the TDS hence did not claim TDS though my Income was below taxable limit. Can I still file Revised Return u/s 139(5) as my Originalreturn was filed well in time.? Or will the IT Dept claim it is too late for them to return approx Rs.10,000/- TDS and deny me the refund? In fact the IOB Bank has still not issued me the TINWEB site downloaded Form 16A but have uploaded the amount only in Jun 2012 after a lot of representations to their higher ups.

  82. Ruchi says:

    In case income tax return for f.y. 2010-11 which due date 31.07.11 but return submitted on 31.03.2011. The total liability Rs. 150000 and tds deducted Rs. 80000 and net liability with interest 70000.
    But I have file return without payment of tax liability due to insufficient fund in my account and tax not paid till date.
    So my question could i file revise return or wait for department intimation. And I have not sent ITR V it is required to file itr v to department.

  83. Pallabi says:

    Need some advise. Will appreciate if you can help. I did efiling of my return in Jan-2012 for the AY 2011-12 and received an acknowledgement of ITR-V from CPC. Later, I looked at form 26AS and noticed that apart from employer TDS, some TDS had also been deducted by my bank on interest earned on FDs. Since I had not received a form 16A from my bank, I had not reported this in my original return. What are the options now open to me?
    — The return i filed has not yet been processed by CPC. Since my original return was filed after 31-Jul, can I still file a revised return? Will this revision be under section 154(1)? Or will I have to wait for communication from CPC?
    — I am fearful that IT departement will treat this as omission of reported income and levy a heavy fine. Can I make use of the “143(1)/Refund/154 Service Request” service recently launched on the Efiling site? What this service does is not very clear to me and it usually asks for a CPC communication number.
    — I looked at online rectification requests also and i am not sure if that will apply to me as it states that the reported income should not have changed in the rectified return.
    — Also, in the form 26AS the amount credited is around 4K, while as per interest statement from the bank the total interest earned on FDs is around 11k. Which of these amounts should i report as income in my return as and when i file it?

  84. abhinav gupta says:

    if case is in scruitiny then upto what time  can we file the revised return

  85. The processing u/s. 143(1) is not an assessment. Hence revised return can still be filed after the receipt of the intimation u/s. 143(1), if the time is still available. However if it is only a case of TDS mis-match and the income has already been declared in the original return (there is no change in the income returned), recourse is available for rectification u/s. 154 of the Income-tax Act.

  86. G. Padmanabhan says:

    The author could have covered cases wherein 143 (1) intimations have been received, before filing a revised return. There are umpteen number of instances where the assessees get the TDS certificates belatedly. Assessee files the return in time as per Sec 139 (1) and intimation is also received u/s 143(1). The TDS certificates and the entries in 26AS are updated after a long battle with the deductors. Then can the assessee file a revised return u/s 139(5)? Whether the intimation u/s 143 (1) will be treated as “completion of assessment”?

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