APPLICATION FOR RECTIFICATION OF ITR 3 ONLINE

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.