Withdrawal of e-return

This query is : Resolved

P.C. Chaturvedi (Querist)
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22 July 2015 Is it possible to withdraw a e-filed return (say within 4-5 days after submission)? I have just filled my income tax return online. It has been verified also. I want to withdraw this e-filed return as there is some mistake. I could not find any option for this at e-filing site. Though there is provision for withdrawing rectification request within 7 days of e-filing.

Rajagopalakrishnan R

Rajagopalakrishnan R (Expert)
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23 July 2015 Sir,if this return is for AY 2015-16 you can revise it by uploading a revised return after correcting all mistakes. If it is for any previous yeari.e.2014-15, it cannot be revised as the original return you have filed is beyond time. No, there is no option to withdraw a return filed unlike a rectification request.

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CA.Karan Dawar

CA.Karan Dawar (Expert)
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23 July 2015 No option as such.
only option available is to revise the return.
Rest is clearly explained by Raja Gopal Ji.

suresh

suresh (Expert)
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23 July 2015 Yes, its true you can not withdraw the return filed but you can file the revise return by rectifying the mistake in the original return by giving the reference of original return filed.

P.C. Chaturvedi

P.C. Chaturvedi (Querist)
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24 July 2015 If one need to revise the return second time, which acknowledgement is required to be filled in "Original acknowledgement number" column? That of original return or that of last revised return? Same thing for "date of filing of original return." Kindly clarify.

Rajagopalakrishnan R

Rajagopalakrishnan R (Expert)
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24 July 2015 A return can be revised only once. there is no legal sanction for revision of a return more than once

P.C. Chaturvedi

P.C. Chaturvedi (Querist)
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24 July 2015 I think there is no restriction on number of revisions. It can be revised any number of time. I am open for correction.

suresh

suresh (Expert)
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24 July 2015 Yes it can be revised again, as such there is no restriction for revising it again. You need to give the reference of last revised return file.

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Rajagopalakrishnan R

Rajagopalakrishnan R (Expert)
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24 July 2015 Refer Sub Section 5 of Section 139 dealing with revised return:
"5) If any person, having furnished a return under sub-section (1), or in pursuance of a notice issued under sub-section (1) of section 142, discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier"
The key words are return furnished under subsection(1) i.e - the original return filed within time limit - alone can be revised.

suresh

suresh (Expert)
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24 July 2015 INCOME TAX RETURN CAN BE REVISED FOR ANY NUMBER OF TIMES. BUT IT HAS TO BE REVISED BEFORE THE COMPLETION OF ONE YEAR FROM THE END OF THE ASSESSMENT OR BEFORE COMPLETION OF THE ASSESSMENT BY THE INCOME TAX DEPARTMENT WHICH EVER IS EARLIER AS PER PROVISIONS U/S 139(5) OF THE INCOME TAX ACT.

P.C. Chaturvedi

P.C. Chaturvedi (Querist)
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25 July 2015 I have tried to revise the return second time and gave reference to acknowledgement No. and date of first revision. The return could not be filed. The remark was "wrong acknowledgement no". I doubly checked the acknowledgement no and the date. Every thing was correct. Again submitted the return but it was not accepted. Then I changed the acknowledgement No. and date to that of original return and submitted the revised return. This time it was accepted and was filed successfully. So it is now clear that every time the return is revised, the acknowledgement no and that of original return should only be entered and not that of last revision.

Rajagopalakrishnan R

Rajagopalakrishnan R (Expert)
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25 July 2015 Yes that is the point I made. It also implies that each revision can be made only with reference to the first return made. Mistakes in the revised and subsequent returns cannot be further revised.

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