Wrong amount filed in itr-1


This query is : Resolved 

01 August 2016 Hi all,

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.

01 August 2016 Just revise the return. You can e- verify your return so that u need not send the acknowledgment.

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.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details