Latest Income Tax Alert: File revised income tax return online - Here's how

The Income Tax department has now enabled the facility to upload online Revised Return for the returns filed manually or Paper Filed Returns earlier. It means that those people, who are liable for filing a revised ITR, can now do the same by e-Filing even if they had filed their ITR in manual form. When a taxpayer commits any omission or error in the original Income Tax Return (ITR) submitted, it can be corrected by filing a revised return in the e-filing portal. A revised return can be filed at any time before the end of the relevant Assessment Year (AY) or before the completion of the assessment, whichever is earlier. 

A revised income return can be filed at any time during the assessment year or before the completion of the assessment; whichever is earlier. (w.e.f A.Y 2018-19). Those filing revised ITR for AY 18-19 need to do it before March 31st.

Here are steps to file the revised return online:

Step 1: Go to the Income Tax e -Filing portal, 'www.incometaxindiaefiling.gov.in'

Step 2: Login to e -Filing portal by entering user ID (PAN), Password, Captcha code and click 'Login'.

Step 3: Click on the 'e -File' menu and click 'Income Tax Return' link

Step 4: On Income Tax Return Page:

• Your PAN will be auto -populated

• Select 'Assessment Year'

• Select 'ITR form Number'

• Select 'Filing Type' as 'Original/Revised Return'

• Select 'Submission Mode' as 'Prepare and Submit Online'

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Step 5: In the online ITR Form under 'General Information' Tab, Choose the 'Return Filing Section' as 'Revised return under section 139 (5) and 'Return filing type' as 'Revised'.

Step 6: Enter the 'Acknowledgement Number' and 'Date of filing' of the Original Return Filed

Step 7: Fill or correct the relevant details of the online ITR form and submit the ITR. 

Step 8: E-verify the returns for faster processing and quicker refunds and send the ITR-V through normal or speed post to ''Centralised Processing Center'', Income Tax Department, Bengaluru.