Revise return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2015 Sir,

I filed my efilling IT Retrun for AY 2014-15 on 18/04/2014 with refund due of Rs. 8100/-+ Intt. wherein I had written saving bank account number.

Order passed under intimation 143(1)on dated 18.06.2014 but refund not received due to wrong saving bank account.

I filed request with rectification for correcting saving bank on efilling site. They informed that your rectification request has been transferred to Your jurisdiction for processing. After eight months have gone, I had not received till date. My Jurisdiction officer is saying that your file has not been transferred by CPC while CPC is saying me that your file has been transferred.

In Between, can i revise efile return for above said year. One year has passed after receiving order 143(1). Please given reply ?

Treat it as most urgent.

Thanks

CA Kapil Thacker

CA Kapil Thacker (Expert)
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16 July 2015 one can revise his return upto one year from the end of the assessment year. in your case it will be upto 31/03/2016.

Regarding revising it after 143(1) is concerned you can revise your return after 143(1) intimation if return is filed intime. So best option is to revise the return.

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2015 Sir,

I Can revise return of AY 2014-15 even after right transferred to My Jurisdiction Officer regarding above said assessment year.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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22 July 2025 Yes, you can revise your return for AY 2014–15 provided the original return was filed within the due date (i.e., on or before 31st July 2014 for non-audit cases).

As per Section 139(5) of the Income Tax Act, a return can be revised within one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier. For AY 2014–15, this means you could revise the return up to 31st March 2016.

The fact that the case has been transferred to your Jurisdictional Assessing Officer does not bar you from revising the return, as long as it is still within the time limits mentioned above and no assessment order under Section 143(3) has been passed.

Since only an intimation under Section 143(1) has been issued in your case (not a scrutiny assessment under 143(3)), you are eligible to revise the return, and that would be the best way to correct the bank account details and claim the refund again.

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