APPLICATION FOR RECTIFICATION OF ITR 3 ONLINE

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42 Points Posted on 03 February 2020
Sir,
Tax credit mismatch due to mistake in TAN No in TDS schedule in itr AY2019-20. Received notice under Sec-143(1).

For application for rectification which XML to upload? If I prepare XML from itr software then penalty for late filing is getting auto filled.
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On 03 February 2020 at 14:41 Report
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Quick Summary
This discussion addresses how to rectify an Income Tax Return (ITR) 3 for AY 2019-2020 when a tax credit mismatch occurred due to an incorrect TAN number. The user received a notice under Section 143(1) and is unsure which XML to upload for rectification. Advice suggests using the Excel utility, deleting the auto-filled late filing penalty (Sec 234F), and generating the XML. Alternatively, filing a revised return is recommended as it bypasses the late filing fee issue and is permissible until 31st March 2020, even after the return has been processed.

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Posted on 03 February 2020

If you're using excel utility. Then simply delete the fee shown u/s 234F cell. And generate XML.

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On 03 February 2020 at 15:00
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17269 Points Posted on 03 February 2020
Or file revised return which is also available
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On 03 February 2020 at 16:03
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42 Points Posted on 03 February 2020
My return is processed. I have to file rectification request.
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On 03 February 2020 at 16:13
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42 Points Posted on 03 February 2020

Fee for default in furnishing return Rs 10000 is not getting deleted in Part B- TI schedule.

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On 03 February 2020 at 16:17
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Posted on 03 February 2020
Originally posted by : NARENDER BHATI
Fee for default in furnishing return Rs 10000 is not getting deleted in Part B- TI schedule.

 

That's possible. Start fresh with the excel utility.

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On 03 February 2020 at 16:38
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17269 Points Posted on 03 February 2020
Despite processing of return under 143(1) and receipt of intimation, assessee is eligible to file revised return for AY 2019-2020 upto 31-03-2020. No 234F late fee/penalty issue when you file revised return.
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On 03 February 2020 at 18:45
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42 Points Posted on 03 February 2020
Thank you for your advice, Sir.
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On 03 February 2020 at 19:14

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