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Income tax filing query

Merina (Student) (310 Points)

27 July 2013

Hi I have filed tax income tax return (Only salary income)for my sister. But the IFSC code had been entered wrongly. Eventhough I have uploaded the xml file she has not send the ITR-V to the IT dept yet. So will it be considered as return filed as ITR-V is not send to IT Dept?
I want to file it with the correct IFSC code before July 31st as she has refund due.Should I file it as ORIGINAL return as ITR-V has not been sent or should I send it as REVISED return?

Kindly reply

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23 Replies

A.S TAXSOFT. (SALE AND SUPPORT ENGG.) (254 Points)
Replied 27 July 2013

Hello

you should send ITR V TO I.T Dept.and file Revised return

C.A SUVAJIT SAHU (CA ( In Practice )) (708 Points)
Replied 28 July 2013

hi Merina......

Correct IFSC code and bank A/c no is required for Refund.

Hence ,file a Revised return as early as possible and send ITR-V to INCOME TAX DEPT.

SAMEER.C (Article) (22 Points)
Replied 28 July 2013

Dear suvajith, if the refund is opted by way of cheque ,whether revision is required

KORGAONKAR ASSOCIATIES (pratice) (118 Points)
Replied 28 July 2013

dont Send Original ITR just revised the return and send revised itr v to bangalore so original return not process and processed revised return and refund get soon.

Studentsca (CA Practice ) (3577 Points)
Replied 28 July 2013

Just Revised the return and dont send original but send only revised return's ITR V to bengaluru .

So Original Return is NOT pocessed and only the revised return is processed and you can get you refund as early as possible.

Abhijit Mangesh Pisat (Articled Assistant) (22 Points)
Replied 28 July 2013

File revised return and send the revised return to Bangalore. This will definitely solve your problem.

CA Nitin K. Varshney (FCA DISA CCA Peer Reviewer (ICAI)) (606 Points)
Replied 28 July 2013

@ KORGAONKAR ASSOCIATIES & studentsca: original ITR_V must be send to bengaluru. If you dont send the original return, revise return will not be accepted. Revise return is filed to rectify the original return. when the original return is not processed, revise return is void ab initio.

Bhav Bhuti Sharma (Towards Professionalism ) (823 Points)
Replied 29 July 2013

Send the original and revised ITR sheets to CPC Bangalore .

SELVAKUMAR (Student) (52 Points)
Replied 29 July 2013

To file Revised return and send the revised return acknowledgement to CPC

CA VEERENDRA MURASHILLIN HUBLI (CHARTERED ACCOUNTANT) (123 Points)
Replied 29 July 2013

PLEASE FILE REVISED RET WITH IFSC AND FILE.

shanky budhiraja (will be decided) (96 Points)
Replied 29 July 2013

Hi Marina,

In your case , to correct the IFSC code revision return should be done if you are claiming any refund in your return.

Rationale behind:- In my opinion is that if you see the in the ITR department ask for Bank details in case you are claiming refund . Hence if somehow you mistakenly enter the wrong IFSC code , please don't bothered about that.

Alternatively if you really want to correct the IFSC code (however not required if refund claim is not there) than,

Please follow the under below procedure:

1. Post the ITR V of original return to Banglore.

2. File the revised return by correcting the IFSC code.

3. Post the ITR V of revised return to Banglore.

Rationale:-

Revised return always substitue the valid original return. Hence in your case to revised return it necessary that first your original return would be valid one and in order to valid the your original return in your case it necessary that you must post the ITR V of original return to bangalore.

Thanks

Hope above clarify in respect of your query. let me know if case you need further any clarity.

1 Like

Manoj.K.T (Senior Assistant) (23 Points)
Replied 29 July 2013

Sir,

The E Mail ID entered at the time of efiling was wrong while efiling registration. What to do

Manoj.K.T

Rahul Verma (Accountant) (98 Points)
Replied 29 July 2013

Originally posted by : Manoj.K.T
	Sir, The E Mail ID entered at the time of efiling was wrong while efiling registration. What to do Manoj.K.T

Email ID is required for receiving ITR V from CPC Banglore, in case you enetered wrong Email ID while filing return you still download ITR V from Incometaxefiling site.

Manoj.K.T (Senior Assistant) (23 Points)
Replied 29 July 2013

Sir,

Wrong EMail ID entered while efinling registration. To register the link send by IT Dept in the E mail ID is to be activated. Since the entered Email ID is not correct, the link is not located. To register activation link is to clicked.

Manoj. K.T