Itr files after due date. how to revised same.

Efiling 2200 views 9 replies

Suhas Karekar

Executive

24 Points Joined April 2014

Hi,

I'd filed my ITR-4 form (Proprietory Firm) for FY 2012-13 on 2nd April 2014 online. Selected option as "12 - After due date u/s 139(4)" in excel form. Uploaded same on 2nd April.

Now i want to revised ITR as I'd done mistake in calculation. Is it possible to do so? If yes then which oprtion should I select?

Please reply.

Regards

Replies (9)

krina

student

1263 Points Joined November 2010

Mr. Suhas as per section 139 of income tax act, one cant revise a belated return , so as in your case you have filed a the retun after the due date you cant revise the same.

I hope your Query is resolved

Ankit

Student

661 Points Joined December 2009

Belated return cannot be revised n even if this is filed above exemption limit then it will attract penalty u/s 271F.

You can file rectification us 154 within 4 yrs. But it is posible only after assesement viz us 143. Once u get intimation us 143(1) then you can file rectification us 154, it is as good as revise return. Hope ur query is resolved

CA Shivshankar Gupta

B.Com CS FCA LLB DISA

325 Points Joined May 2009

Check in your account Online there is an option for correction in itr filed Only changes can be made within 7 days of filing Just check it As far as provision is concerned belated return cannot be revised

mallikarjunrao

job

33 Points Joined July 2007

You can file rectification us 154 within 4 yrs. But it is posible only after assesement viz us 143. Once u get intimation us 143(1) then you can file rectification us 154,

Harendra Kumar

Tax Advisor

1326 Points Joined July 2011

Sir,

I fully agree with Mr. Taufir Alam & Mr. Mallikarjunrao. You should be filed rectification u/s 154.

Rupesh Soni

Taxation Consultant & CA final student

504 Points Joined September 2009

Definately Rectification us 154 online....

Santhoshi Sharma

job

60 Points Joined January 2009

After login under efile menu, have an option - change ITR Form particulars, you can make the corrections in the form, but please note that figures cannot be changed.

Change in form particulars request can be placed once per Acknowledgment Number.
This facility will be available only for 7 days from the date of e-Filing.
This data will not change the contents in the ITR form submitted earlier. This data will be used for processing only.
The information submitted by you can be viewed in "My Request List" menu.