Error filed in itr 5 for llp

Dear jay,

Unfortunately, 139(4) return cannot be revised.  One question, whether your tax return is showing net tax payable ?

Originally posted by : Nikhil Kaushik
	Dear jay,   Unfortunately, 139(4) return cannot be revised.  One question, whether your tax return is showing net tax payable ?

Hi Nikhil,

Thanks for replying. As I see in the printed form the net Tax payable shown is "zero". In fact all columns are zero except for total income that consists of the wrong amount I entered. The total tax payable and every other tax payable shown is 0.

I wonder if I don't send this printed return verification within 120 days the ITR may get rejected and removed and may be within that time I may file a physical/manual paper ITR that may correct this mistake. What do you say?

Any other idea?

if u have sent the return, then u are really really safe.  Don't send the ITRV.  File manual return or file belated return again.  Send ITRV against the new return.

Originally posted by : Nikhil Kaushik
	if u have sent the return, then u are really really safe.  Don't send the ITRV.  File manual return or file belated return again.  Send ITRV against the new return.

I'm sorry, I didn't get you. Can you clarify it a bit further.

A little more details : I filed the ITR online so the process is incomplete unless I send the verification letter I printed to the IT CTC in Bangalore. 

Yes.  thats exactly what I intend to convey.  I don't want you to complete the process.  If you don't send the ITRV, income tax cannot process your return.  Thereby no question can be raised with regards to the return already filed.

So you may refile  your tax return through offline or online mode.  In case you choose online mode, you may send ITRV for the new return.

I get you now. I suppose I should not complete this process(by not sending the verification form) so that this is completely cancelled/rejected. In the mean time I'll file another ITR manually with a paper form. Another help can you please tell me to whom do I submit the paper ITR after filling it up? I've never filed offline.

And thanks a ton for the help :-)

first try to refile belated return online.  If it doesnt accept, then file offline return with the local tax office.

Thanks a lot sir. Have a great evening.

Originally posted by : Nikhil Kaushik
	first try to refile belated return online.  If it doesnt accept, then file offline return with the local tax office.

Hi,

I tried filing the ITR online again but it shows that only one ITR can be filed so not allowing me to go through. I also got a paper form filled up and went to the local tax authority but they said that the ITR could only be filed online and there is no option for manual filings anymore. Now I'm in a situation where I literally see no way out.

Any suggestions?

Originally posted by : Jai Bajaj
	Originally posted by : Nikhil Kaushik first try to refile belated return online.  If it doesnt accept, then file offline return with the local tax office. Hi, I tried filing the ITR online again but it shows that only one ITR can be filed so not allowing me to go through. I also got a paper form filled up and went to the local tax authority but they said that the ITR could only be filed online and there is no option for manual filings anymore. Now I'm in a situation where I literally see no way out. Any suggestions?

I think u are filing return as orginal Return

Note that file return must be as Revised  Return

 

Originally posted by : PHANI KUMAR VANAMALA
	Originally posted by : Jai Bajaj Originally posted by : Nikhil Kaushik first try to refile belated return online.  If it doesnt accept, then file offline return with the local tax office. Hi, I tried filing the ITR online again but it shows that only one ITR can be filed so not allowing me to go through. I also got a paper form filled up and went to the local tax authority but they said that the ITR could only be filed online and there is no option for manual filings anymore. Now I'm in a situation where I literally see no way out. Any suggestions? I think u are filing return as orginal Return Note that file return must be as Revised  Return

OK. Correct me if I'm wrong but you intend to say is I should not send the ITRV for the original(error) return but instead should fill up another revised return and send the ITRV for the revised one? Is it?

yes. jai.  it is so.

Thanks a lot @ Nikhil and @ Phani Kumar. Have a great day :-)

Originally posted by : Jai Bajaj

Yes ..Send Revised one only