Sage-Tips

How do I file a revised return after filing?

How to e-file revised income tax return on income tax website?

1. Assessment Year.
2. ITR Form Number.
3. Under ‘Filing Type’ you would have to choose ‘Original/Revised Return’
4. Under ‘Submission Mode’ you would have to choose ‘Prepare and Submit Online’

How do I file a revised return for AY 2020/21 in new portal?

Select ‘Assessment Year’ • Select ‘ITR form Number’ • Select ‘Filing Type’ as ‘Original/Revised Return’ • Select ‘Submission Mode’ as ‘Prepare and Submit Online Page 3 In the Online ITR Form under ‘General Information’ Tab, Choose the ‘Return Filing Section’ as ‘Revised return under section 139(5)’ and ‘Return filing …

When can I file revised return?

This revised return can be filed before three months prior to the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.

How do I file rectification request on new tax portal?

1. Step 1: Log in to the e-Filing portal using your valid user ID and password.
2. Step 2: Click Services > Rectification.
3. Step 3: On the Rectification page, click New Request.
4. Step 4a: On the New Request page, your PAN will be auto-filled.
5. Step 4b: Select the Assessment Year from the dropdown.

How do you correct mistakes in ITR?

A mistake made at the time of filing ITR can be corrected by filing revised ITR. Section 139(5) of the I-T Act states that after filing their return if someone discovers any omission or wrong statement, he can furnish a revised return.

How do I fix a wrong ITR file?

What if I filed my taxes wrong?

If you made a mistake on your tax return, you need to correct it with the IRS. To correct the error, you would need to file an amended return with the IRS. If you fail to correct the mistake, you may be charged penalties and interest. You can file the amended return yourself or have a professional prepare it for you.