How to file a revised Income Tax Return?

Answer: The process of filing a Revised Return is the same as filing an Original Return. The ONLY difference is that in the Excel utility (Return Preparing Software), you need to select the ‘Revised’ return option and provide the Original e-Filing Acknowledgement number and Date of filing the Original return. Further, the assessee is required to select the section of return filing as u/s 139(5).

Revised Income Tax Return

I have filed the Original Income Tax Return as paper return. Can I file the revised return electronically as e-Filed Income Tax Return?

Answer: No, you can revise returns online only if you have filed the original returns online and have the 15-digit acknowledgement number

I have e-Filed the Original Income Tax Return. Can I file the revised return in paper-form?

Answer: No. 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.

I filed my Original Income Tax Return post due date and I want to revise that Income Tax Return. Can I file a Revised Return?

Answer: You cannot file a Revised return if the Original was filed post due date, that is, Belated Return. However wef A.y 2017-18 belated return u/s 139(4) can also be revised u/s 139(5)

Read: Section 139(4) and 139(5) – Time limit for filing belated return reduced

How many times I can file the revised return?

Answer: Legally, a return can be revised any number of times before the expiry of one year from the end of the Assessment Year OR before the completion of the assessment by the Department; whichever event takes place earlier.

However wef A.Y 2018-19 a return can be revised any number of times before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.

I have filed my e-return by using the utility of wrong Assessment year. Can I correct Assessment Year by revising the return?

Answer. Assessment Year is inbuilt in the utility. Once a utility provided by ITD is used, Assessment Year can not be changed. For each Assessment year, right or wrong, a revised return using the valid utility, subject to legal provisions, can be filed for that Assessment year only.

For Further Clarity Text of Section 139(5) is re-produced:

If any person, having furnished a return under sub-section (1) or sub-section (4), discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.]

Also Read:

Belated ITRs – Whether A Costly Affair for Every Return Filer

How costly can the delay in filing tax returns be?

(Republished With Amendments)

More Under Income Tax

17 Comments

  1. Gaurav kamra says:

    I filed the revised itr on 28 jan 2019 and after that my original itr was processed on 30 jan 2019. My revised itr will be processed or not. Please tell me.

  2. santosh bajaj says:

    when i file income tax return original return on paper but i want to file again original return on electronically what is the procedure and what is the penalty

  3. Kaushik Banerjee says:

    Hi Sir, I filed my ITR AY 2013-14 by paper, but I need to revised my file now, can I submit the revised file through online efiling?
    kindly clarify..?

    Thnx

  4. praveen sharma says:

    DEAR SIR
    I FILLING INDIVIDUAL RETURN OF SALARY BY MANUALLY BUT AFTER FILLING THIS RETURN MY MISTAKE DID NOT ATTENTION MAKES REFUND IN INCOME SOURCE NOW I FILLING E FILE RETURN BUT THE ERROR ARE ” DID NOT MATCH ASK NO
    PLZ SOLVE MY RETURN

  5. Ravindra Kumar Yadav says:

    I first time file ITR online (Assesment Year 2015-2016). now i want to file revise ITR for Assement Year 2013-2014 which filed manualy. so i can file revise ITR for 2013-2014 & 2014-2015

  6. Rajendranath Mehrotra says:

    Dear Sir,
    I am a senior citizen (DOB:03/08/1946). I had filed eITR through a CA on 08/08/2015 but made a mistake under sect.80C column. U/S 80C In Respect of Investments, I made a mistake and filled under investment in HDFC Tax Saver MF as Rs. 24000/= instead of actual Rs. 10,000/=.
    However, despite this error, I do not fall under any tax bracket and my revised total income becomes Rs.299940/= against Rs. 285940/= as filed in original eITR dated 08/08/2015.

    REVISED ITR, ORIGINALLY FILED EITR ON 08.08.2015, E- filing Acknowledge No. 651843740080815, E V Code 2GGXFG34P3
    Recd. Intimation U/S 143 (1) Of Income Tx act, 1961, Communication Ref. No. CPC/1516/A1/1515833480

    Please help in filing revised eITR and allow me to upload my income computation file for filing revised eITR through you as I do not know how to do it (afraid of making a mistake again)and my CA is not helping me.
    Regards

  7. Vijay says:

    Sir,

    I am filing ITR for one of my friend for 2014-15.
    I got reponse from ITR that Original ITR for this entity is already filed. Whereas he dont know the “Acknowledgement Number” of original ITR.

    Please let me know how can we file revised ITR without original ITR Acknowledgement Number?

  8. ashwin k says:

    Sir, I have submite return for fin year 2014-15 in time. Lature i found there was mistake in gross amount for 4 employees. Due i revice same return, if yes how

  9. virender kumar says:

    I have filed e-filing return of 2014-15 as per Rly. Employer’s Form no.16 which shows Rs.36500 where as income tax calculater showing Rs.36510. However I have deposited Rs. 10 throgh SBI internet banking through Challan no. o5265 on 21.072014. Whether revised E-filing return is needed or not. Let me know the section & proceedure. Thnks

  10. Hans says:

    Hi Sir,
    I have filed quick itr e-return for assessment year – 2014-15 but not send the ITR-V form to the bangalore CPC. as by mistake i not filled all the challan details , i want to submit the details. Can i do it under revised return ? if yes then how do i go about it?

  11. ayush goel says:

    Hi Sir,
    I have filed e-return for assessment year – 2014-15 but not send the ITR-V form to the bangalore CPC.
    as by mistake i filled wrong amount for deduction under section 80E, i want to submit the details. Can i do it under revised return 139(5) ? if yes then which ITR-V form (original or revised) i have to send to bangalore CPC ?

  12. ayush goel says:

    Hi Sir,

    I have filed e-return for assessment year – 2013-14 but not send the ITR-V form to the bangalore CPC.
    as by mistake i filled wrong amount for deduction under section 80E, i want to submit the details. Can i do it under revised return 139(5) ? if yes then which ITR-V form (original or revised)i have to send to bangalore CPC ?

  13. PL Dahra says:

    Dear Sir,

    I have filed IT Return for AY 2012-13 as paper return. On checking the Assessment done u/s 143(1) by the Income Tax Department, I found that they have not given credit of TDS by one of the deductors. Can I submit revised return to claim that amount. Pl Advise.

    Thanks & Regards

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930