Revised Return

Last updated on Jun 7, 2022

While filing your income tax return (ITR), ensure that you use the correct form to file it. If you use the wrong form to file your ITR, it is a defective return. You will be have to file it again. ​​​

If you have made any mistake or omission in filing your ITR, you should file a revised return.1 The return should be revised within the given time limit. A return can be revised before the end of the assessment year or before the completion of the assessment; whichever is earlier.

If the Assessing Officer thinks that your return of income is defective, he may notify you22 of the defect, and give you an opportunity to rectify the defect within fifteen days of the notice. The Officer may also allow an extension of time to rectify the defect if you apply for the same. The defect should be rectified within fifteen days or the further period allowed. Otherwise, your return shall be treated as an invalid return. It will be considered that you as the taxpayer have failed to submit the return, which will result in penalties for you.

However, in some instances, the Assessing Officer may allow the delay and treat the return as a valid return.This can happen if you have rectified the defect after the permissible period, but before the income tax assessment has been made by the authorities.

Manner of filing

If the original return has been filed in paper format or manually, then technically it cannot be revised by online mode or electronically.

  1. Section 139(5), Income Tax Act, 1961[]
  2. Section 139(9), Income Tax Act, 1961[]

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Please share your feedback about this post!

Sharing feedback will help us improve our content.

Tell us how we can improve this post or the website? If you want to keep your feedback confidential, please mention it in your feedback.

Leave a Reply

Your email address will not be published.

Have a question you want to ask our legal experts?

Related Resources

What is Income Tax?

Income tax is a tax levied by the Government of India on the income of every person. The Income Tax Act, 1961 deals with it.

Income Tax Returns or Forms (ITR)

An Income Tax Return (ITR) is a form through which the details of income earned and taxes paid are communicated to the Income Tax Department.

Calculating Taxable Income

For calculating income tax, Income Tax Department taxes you based on your income from different categories.

Deductions Reduced from Tax

A deduction is an expense that is subtracted from an individual’s gross total income to reduce the amount which is going to be taxed.

Time Limit for filing Tax Returns

This post talks about time limit for filing income tax returns and where exceptions are allowed by tax authorities.

Income exempt from Income Tax

Exemptions are those incomes which are exempt from tax, i.e. do not form a part of the total income calculated for taxation purposes.