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ITR Refund related ..

24 August 2022

filed my ITR ..for assessment year ...and refund credited in my bank account ..but forgot some deductions ..

can I get increased refund through revised return ..

Thank u

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8 Replies

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 24 August 2022

Yes you can revise return and claim balance refund

2 Like

Mahesh Shah (2299 Points)
Replied 25 August 2022

Please guide.....for AY 22/23 return u/s 139(5) can be filed before 31/12/22 OR before original return filed uls 139(1) is assessed?. Please clarify.....can itr be revised u/s 139(5) after assessment of itr u/s 139(1)?.....please highlight on this
thx

2 Like

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 26 August 2022

You can revise upto 31 December

1 Like

Mahesh Shah (2299 Points)
Replied 27 August 2022

Can be revised upto Dec 31 even when original return is assessed and demand/ refund determined??...in such case how many times return can be filed?? Please clarify on above said ?? I am confused.

2 Like

Samantha J (1236 Points)
Replied 28 August 2022

When intimation under section 143(1) is sent and refund credited the ITR filing gets over. The main point is that whether assessment under 143 (1) is "assessment order" ?
If yes then you can't file revised return!
If no then you can!
Just try filing under 139(5) if it's working then it's okay.Else you can't!

1 Like

Mahesh Shah (2299 Points)
Replied 28 August 2022

U/s 143(1) is just a intimation.....cannot be called assessment...so revised return can be filed if intimation recived but assessment not done and must be filed before deadline of filing return with penalty

1 Like