Income Tax Returns Revision

141 views
User Avatar

209 Points Posted on 23 March 2021
Hello All,
I need to know if we can revise the ITR after successfully receiving the refund. To all other income which was left omitted.

Please cast some light on this. It will be great help.

Thanks in Advance
0 Reply Share Follow
On 23 March 2021 at 16:31 Report
Replies (2)
Quick Summary
This discussion explores the possibility of revising an Income Tax Return (ITR) after a refund has already been issued. While initially it might seem impossible, clarification suggests that revision is possible. However, it's crucial to repay any refund received, along with applicable interest, to avoid future demands from the tax authorities.

User Avatar

Chartered Accountant
24588 Points Posted on 23 March 2021
No after receiving refund you cannot revise ITR. Revise return for ay 20-21 will be 31.3.21
Reply
On 23 March 2021 at 18:29
User Avatar

Chartered Accountant
86505 Points Posted on 01 May 2021
Yes you can revise but don't forget to pay the refund amount with interest, otherwise demand for same will be issued
Reply
On 01 May 2021 at 17:28

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. LTCG on property sale
  2. Capital gains incidence due to bonus shares
  3. Amendment of Object Clause of Memorandum
  4. How Can I Request a Refund for an Accidental Airte
  5. TDS on salary paid in cash
  6. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  7. Last Date To Fill ITR For Non-Audit Case
  8. Guidance Required on Filing Fresh Registration und
  9. IT Return Refund Status AY 2026-27
  10. Clarification Regarding Income Tax Demand Notice

More recent discussions | Post

Related Topics :

Loading