Master in Accounts & high court Advocate
9615 Points
Posted on 31 July 2024
If your Income Tax Return (ITR) for A.Y. 2022-23 has been marked as "INVALID" despite being submitted on March 13, 2023, and processed on December 28, 2023, you'll need to take the following steps: 1. _Check reasons for invalidation_: Log in to your e-Filing account and check the reasons for invalidation. 2. _Rectify errors_: Address the errors or discrepancies mentioned in the invalidation notice. 3. _File a revised return_: Submit a revised ITR-1 for A.Y. 2022-23, ensuring all errors are corrected. 4. _Select 'Revised Return' option_: Choose the 'Revised Return' option while filing, and enter the Acknowledgement Number of the original return. 5. _Verify and submit_: Verify the revised return carefully and submit it. 6. _Wait for processing_: Wait for the revised return to be processed. 7. _Refund issuance_: Once processed, your refund will be issued if eligible. Additionally, you can: 1. _Contact the CPC_: Reach out to the Central Processing Centre (CPC) for assistance. 2. _Consult a tax professional_: Seek guidance from a tax expert or chartered accountant. Remember to address the invalidation reasons and file the revised return promptly to ensure your refund is processed without further delays.