Section 139(5) of the Income Tax Act allows individuals to rectify mistakes on their original income tax return by filing a revised return. There is no limit to the number of times an individual can file a revised return, but they must do so 3 months prior to the completion of the rele...
and he later discovers some mistake,he can file a Revised Return of Income Tax anytime up to 31st March 2017 or before the completion of Assessment whichever
Thereafter click on the E-file menu and then click on the income tax return link Here you have to choose Assessment Year and then select the Filing Type i.e. whether Original/Revised and ITR Form Number. Now, Under the ‘General Information tab’, select ‘Revised Return Under Section 139...
There is no limit to the number of times a revised ITR can be filed. However, tax experts advise that one must not revise the ITR excessively as it can invite scrutiny from the income tax department. Condonation of Delay in Filing ITR Section 119(2)(b) has to be filed within 6 years...
Can you plese let me know how to choose old regime or old pattern for income tax filling Reply VIJAY KRISHNA SHIVAGAN December 15, 2018 at 4:14 pm I want information regarding TDS revised returns any charges let me know Reply SAG Infotech December 17, 2018 at 3:31 pm Please explain...
Q. I have filed my income tax return incorrect what should I do? You can file revised return & correct the mistakes/errors. The revised return can be filed at any time before the expiry of 1 year from the end of the relevant assessment year ...
Income Tax Return filing is mandatory for Taxpayers whose income exceeds the prescribed income limit. ITR Filing process is regulated under the Income Tax Act 1961.
Whether it is received recently or much earlier, because time for revised return is over as already told you in my previous response.Since you have received a notice from Income Tax department then in such case you can revert to them online only. But before you revert to them you must re...
On the Income Tax Return Page, your PAN will be auto-populated. Select 'Assessment Year,' 'ITR Form Number,' and 'Filing Type' as 'Original/Revised Return.' Set 'Submission Mode' to 'Prepare and Submit Online.' Click 'Continue.' ...
Use Schedule 8812 to calculate the Additional Child Tax Credit. What changes have been made to 1040 forms this tax year? The IRS made no significant changes to Form 1040 and most of its supporting schedules this year. Schedule 3 has been revised to add lines for Home Energy and Clean Vehic...