I was filling an ITR 1 for me for the Asst year 2016-17 and due to a typo error instead of filling the amount 13000, i filled an amount 43000 u/s 80C deduction. That has completely changed my refund/ tax. Unfortunately since it was the last date i didnt check the first page again and forgot to see it. The result is that i have uploaded a wrong ITR on the Income tax Website however i have not sent the ITR 5 yet. Now a CA is saying that there is no way out to it and i have to pay a huge amount to get it clarify. Would someone please tell me what should i do now. I am thinking to file a revised return u/s 139(5). But i am scared will ithave any negative impact on my return as this is my first return ( i have never filed an ITR before for me). Please help.
02 August 2016
Agreed. Just revise the return. There is no need to spend huge amount to clarify it. It is clearly a clerical error. You should send ITRV of both the returns or e verify them. It will be simply fine.
CAclubindia
