If your updated Return 139(8A) has been invalidated due to errors in interest calculation, the primary solution is to attempt refiling the updated return for the same period. If this is not accepted by the system, there may be no other recourse. Be aware that refiling could incur additional tax liability, so assess if this is financially viable. If you haven't filed an Income Tax Return (ITR) previously and are due a refund, you might consider filing under Section 119(2)(b) of the IT Act.
18 December 2024
Check if it is economical, or feasible as per your needs; otherwise there is no alternative. I even doubt, if updated return would be accepted again. In case you had not filed relevant ITR earlier, and if there is refund due; you can try filing u/s. 119(2)(b) IT act.