Error in ITR

This query is : Resolved 

Quick Summary
If you've discovered a minor error in your Income Tax Return (ITR), such as reporting Rs 50 less in Capital Gains, you might be wondering whether to file a revised return immediately or wait for the Assessment Order. The general advice is that for such small discrepancies, it's often not necessary to revise the return unless the Central Processing Cell (CPC) raises a query.

25 July 2023 After filing my ITR online, I noticed that I have reported Rs 50.00 (Fifty only) less in CG. Is it advisable to file a Revised Return Or should I wait for Assessment Order?

25 July 2023 No need to revise the return for such minor correction, unless any query raised by CPC.

25 July 2023 Thank you, Sir. You are always so quick & responsive & offer correct and positive advice within the framework of rules.

25 July 2023 You are welcome.


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