Income Tax Return: How to File Revised ITR Online. step by step guide

Income Tax Return (ITR) Filing: The due date for filing unaudited Income Tax Return (ITR) has passed and those who have filed their returns have either got their ITR refund or are awaiting their return. ITR refund, However, while filing our IT returns, we often make some common mistakes like wrong bank details, use of wrong ITR form, mismatch in Form 26AS and filing ITR, etc. To rectify such errors, the taxpayer can edit and file the amended ITR. Error in someone’s ITR. They can do it online by logging into the Income Tax e-filing portal – https://www.incometax.gov.in/iec/foportal. Under section 139(5) of the Income Tax Act, 1961, a taxpayer can revise his ITR and file the revised ITR by correcting the error in the original return.

Speaking on amended IT return filing, SEBI registered tax and investment expert Jitendra Solanki said, “Under section 139(5) of the Income Tax Act, 1961, a taxpayer is required to file a revised ITR and correct the information filled in the original. is allowed. Returns. Anyone can revise his ITR even if the ITR is filed after the due date i.e. 31st July 2022.” Solanki said that one can file revised ITR online by logging into the Income Tax e-filing portal. He said that one can file the revised return 3 months before the completion of assessment year i.e. by 31st December 2022.

How to File Revised Return Online for AY 2022-23

As mentioned above, one needs to log on to the Direct Income Tax e-filing portal – https://www.incometax.gov.in/iec/foportal and follow the step by step guide given below Will happen:

1]Log on to the Income Tax Department’s e-filing website – https://www.incometax.gov.in/iec/foportal;

2]On the home page login with User ID and Password;

3]After opening your account, click on ‘e-File’ and select ‘Income Tax Return’;

4]After opening the Income Tax Return page, select AY 2022-23 and ‘Online’ as ‘Select Mode Filing’;

5]Choose your options that you want to correct;

6]Select one of the status applicable to you – Individual, HUF and Other –;

7]Select the correct ITR form and proceed with the requested information;

8]After filling the ITR form, you need to e-verify your amended income tax return. A taxpayer can also verify his return offline by sending the return to the Income Tax Department’s Centralized Processing Center in Bengaluru through Speed ​​Post.

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