ITR revision, with form-67

ITR 1262 views 6 replies

Sanjeev

Tax Payer

116 Points Joined April 2019

Dear Sir,

I need to revise my income tax return (individual) for the AY 2019-20. Earlier, while filing original return, I've filled ITR-2, along with form-67 for foreign-tax credit.

The reasons for revision are:

1. To correct self-assessment tax challan number.

2. To update information in tab AL of ITR2 There is no change in the information mentioned in form-67 submitted in the original IT return.

Queries:

1. Do I need to submit form-67 again, while filing the revised return, or the previously (originally) submitted form-67 will hold good ?
2. Please suggest any other precautions to taken care while submitting a revised IT return.

Replies (6)

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

If a ITR will be revise then the previous ITR (original) is Lapsed/ignored/Not in Force...

rama krishnan

12244 Points Joined May 2017

In continuation to Mr Raja's reply
you need to file revised return as if it's the original return with the all relevant details and forms afresh

Sanjeev

Tax Payer

116 Points Joined April 2019

Now that it is clarified that fresh form-67 has to be submitted online, as a part of the IT return revision process, I want to know where can I find the form-67 originally submitted by me.

Some how, I've lost the copy of the form-67 originally submitted by me.

shalini

528 Points Joined March 2013

LOGIN TO YOUR ACCOUNT AT E-FILING PORTAL . CLICK ON E- FILE THEN GO TO INCOME TAX FORMS. YOU WILL FIND FORM 67 IN THE DROP DOWN MENU.

debora M

BUSINESS DEVELOPMENT MANAGER

1697 Points Joined February 2019

CBDT notified the procedure for submission of Form 67 under Income Tax Rule 116 relating to deduction for Foreign Tax Credit (FTC) for filing Statement/ Income Tax Return (ITR) by a Resident for Incomes from a Country or Specified Territory Outside India.

Form 67 is a pre-requisite document that has to be furnished in order to claim FTC by a taxpayer. It is also essential that it be furnished before tax return is filed. One can file revised Form 67 prior to filing the revised tax return in order to incorporate the changes in both the documents.

Surya Goyal

8 Points Joined July 2021

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