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Interest on revised return

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02 December 2012 I am revising return u/s. 139(5) there is no additional tax payable due to revision still itr 4s is calculating interest.
we had filed return before due date and tax was also paid before due date.
please let me know is this interest payable as need to revise return is only due to clerical mistake.
please answer asap

02 December 2012 In case there is no additional tax payable, you may overlook the interest amount and treat the same as "any type" of error.
.

02 December 2012 Thanks for prompt reply sir, but the issue is as i have not paid interest xml is not generated and its not possible to file revised return without generation of xml file.
please guide me what should i do?
Thanks in adv.
shruti


03 December 2012 Please check that you have selected Section 139(5) and not Section 139(4).

If you have selected Section 139(4), then interest will be calculated.

03 December 2012 sir i have selected 139(5) only

03 December 2012 There is some error in form with this regard.
proceed with return ignoring the interest amount.

03 December 2012 but sir xml is not generating how to file revised return?

04 December 2012 download a fresh form. fill in properly and send. there may be some other mistake.




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