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Can I revise my ITR after filing it in India?

Updated: Mar 29, 2023

Yes, taxpayers in India can revise their Income Tax Return (ITR) after filing it.

Filing a revised return is allowed under Section 139(5) of the Income Tax Act, 1961. It is a facility provided to taxpayers to correct any mistakes or errors that may have been made while filing the original return. In this blog, we will discuss the procedure for revising an ITR in India.

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When can an ITR be revised?

An ITR can be revised if the taxpayer discovers any error or omission in the original return. The revised return can be filed within a specified time limit from the end of the relevant assessment year. For example, for the financial year 2021-22 (assessment year 2022-23), the last date to file a revised return is March 31, 2024.

Procedure for filing a revised ITR To file a revised ITR, taxpayers need to follow the below steps:

  1. Log in to the Income Tax e-filing portal with your user ID and password.

  2. Click on the ‘e-File’ tab and select ‘Income Tax Return’ from the drop-down menu.

  3. Select the ‘ITR Form Name’ and the relevant assessment year for which the return needs to be revised.

  4. Choose the option ‘Revised Return’ from the drop-down menu in the ‘Filing Type’ section.

  5. Enter the ‘Acknowledgment Number’ and ‘Date of Filing’ of the original return that needs to be revised.

  6. Make the necessary changes in the revised return and verify the details.

  7. Submit the revised return and generate an ‘Acknowledgment’ with a new 15-digit number.

  8. Once the revised return is filed, the taxpayer needs to verify it using any of the available verification methods such as Aadhaar OTP, net banking, or bank account.

It is important to note that the revised return will overwrite the original return filed for the same assessment year. Therefore, it is advisable to double-check all the details before filing the revised return. Taxpayers can also seek the help of a chartered accountant or a tax professional to file the revised return correctly and in a timely manner.

In conclusion, revising an ITR is a facility provided to taxpayers in India to correct any mistakes or errors made in the original return. It is important to file the revised return within the specified time limit to avoid any penalties or interest charges. Taxpayers should keep all the necessary documents and information ready before filing the revised return to ensure accuracy and avoid any errors.


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