Regarding revision of ITR

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This query is : Resolved

Quick Summary

If you've filed your Income Tax Return (ITR) under ITR 4 on a presumptive basis and received an intimation under section 139(9) requesting a P&L and Balance Sheet, you may be able to file a second revised return. This is possible even if you've already filed a revised return that missed including a TDS amount. You can file revised returns multiple times before the assessment is completed, as long as it's within the allowed timeframe.

R Hiremath

R Hiremath (Querist)

15 May 2021 Hello Everyone ITR has been filed under ITR 4 in presumptive basis but Intimation received U/s 139(9) by saying to prepare P&L & BS. But he has revised his return but he has not considered 1 TDS amount while revising. My query can I revise ITR second time ? Because ITR filed & revised but, not considered one of the TDS in 26as while filing.

Ganeshbabu K

Ganeshbabu K (Expert)

16 May 2021 Yes you can file revised return claiming correct 26AS

PARAS CHHAJED

PARAS CHHAJED

(Expert)

16 May 2021 A return filed u/s 139(1) or 139(4) may be filed any number of times within the time allowed but before completion of assessment. Processing u/s 143(1)(a) is not an assessment so even if the return is processed and intimation is issued the return may be revised within the allowed time which for AY 2020.-21 is extended upto 31.05.2021.

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