It returns ay 2014-2015

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Aravind Kumar

IT Professional

23 Points Posted on 11 September 2014

Dear Forum Members,

Can someone clarify and guide me in the right direction to rectify the mistake I had done while filing my IT Returns for AY2014-2015? Here is what I had done...

I am a salaried employee(with no other source of income). I had filed my IT returns on the due date 31-Jul-2014. I furnished all the details in the ITR V-1 correctly. I uploaded the XML file to the website and succesfully received the acknlowledgement. However, I then found that I DID NOT CLICK the 'CALCULATE TAX' button, due to which the Tax to be paid is zero and all the tax deducted is given under the Refund column(the correct refund is zero).

(The right procedure was to click on the 'Calculate Tax', generate and then upload the XML)

All the other details given in the returns form are correct.

Can you please assist me how to rectify this.

I have not sent the physical documents to the Incometax office yet.

Thank you.

Replies (5)

Pulkit Gupta

CA in Practice

144 Points Posted on 11 September 2014

Send your signed ITR-V within 120 days without panic and file revise return by correcting the mistake you did before and again send the signed ITR-V w.r.t Revised Return.

Thats It.

In case of any doubt, you can approach me @ https://taxhow.in/ask-queries/

Pulkit Gupta

CA in Practice

144 Points Posted on 11 September 2014

Send your signed ITR-V within 120 days without panic and file revise return by correcting the mistake you did before and again send the signed ITR-V w.r.t Revised Return.

Thats It.

In case of any doubt, you can approach me @ https://taxhow.in/ask-queries/

NAVEESH DHAR

ADVOCATE- TAXATION ADVISOR

414 Points Posted on 12 September 2014

You should file your revised return by correcting your mistake send both return acknowledgement .I.e ITR V to Bangalore

Aravind Kumar

IT Professional

23 Points Posted on 21 September 2014

Originally posted by : Pulkit Gupta
	Send your signed ITR-V within 120 days without panic and file revise return by correcting the mistake you did before and again send the signed ITR-V w.r.t Revised Return. Thats It. In case of any doubt, you can approach me @ https://taxhow.in/ask-queries/

Thank you for your response.

However I would like to know the below regards your answer -

When should I send the revised corrected return. Is it after I receive the communication from them for the 1st return or immediatly after sending the first erroneous return?

Thanks.