Details to submit while filing rectification

418 views

Save Share

Lokesh

Sr Mgr

27 Points Posted on 14 February 2022

Hi,

For AY 2020-21, I was given demand notice u/s 143(1) post which i realized that when i filed my original on 20th Nov'20. i realized my mistake of not paying the Advance Tax and hence paid the Tax plus Interest on 5th Dec'20 but didn't file any revised ITR claiming the Challan amount. Now i want to file a rectification in order to complete processing of my ITR-1 of AY 2020-21. I have below queries while filing Rectification for Tax Credit Mismatch Correction by using XML file in Java Utility tool -
1. Under Filed u/s, which option should i select - "139(1): On or before Due Date" or "139(5) : Revised" ?
2. Under Receipt No, do i need to enter Acknowledgement No of Original ITR or skip filling this field ?
3. In the last page, under Date of ITR should i fill Original ITR Date or Challan payment Date ? I think it should be Challan payment date because Interest 234B should be calculated till that date.

Request your urgent help on this.

Thanks & Regards
Lokesh

Attached File : 3600512 20220214095803 rectif.jpg downloaded: 64 times

Replies (7)

Quick Summary

This discussion addresses how to file an Income Tax Return (ITR) rectification for AY 2020-21 due to a tax credit mismatch. The user initially missed paying advance tax and interest, paid it later, but didn't claim the challan in their original ITR. After receiving a demand notice and finding no resolution through other means, they are advised to file a rectification. The core queries revolve around selecting the correct section (139(1) vs 139(5)), the receipt number, and the relevant date to enter in the rectification form, especially when using the XML utility tool.

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 14 February 2022

Reply to the demand by selecting disagree/ demand is already paid & then provide the details of challan.

Lokesh

Sr Mgr

27 Points Posted on 14 February 2022

I already did that but there hasn't been any response after that since a month. The status of my ITR is also not Processed and has stuck with Outstanding Demand.

I filed a Grievance as well saying I already paid the complete amount with Interest a year ago but they asked me to file a Rectification. So i believe, in order to process the ITR and claim my Challan, i need to file a rectification ITR.
Please correct me if I'm wrong.

Thanks
Lokesh

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 14 February 2022

If you have paid tax under regular assessment then no rectification is required.

If you have paid tax under self assessment tax then rectification may be required