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Mistake in return

Parv Dhuria (CA) (28 Points)

12 April 2014

I have filed return for A/Y 2012-13 on 31st March 2014 as it was a nil return. I filled form 4S but by mistake I also entered salary and uploaded the return with tax payable. After the return was uploaded i came to know about my error. Now ITR-V is showing tax payable. I have not sent signed ITR-V to bangalore yet. Is there any remedy?? Will the return be cancelled if I don't send ITR-V?? Please reply it is urgent.

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3 Replies

Mayank Mall (CA-Final) (316 Points)
Replied 12 April 2014

Well the return after being submitted isn't processed until the acknowledgement is recieved, however not sending it isn't the remedy.

(As per the image above) You should re-file the return, and inplace of selecting original return, select revised return in the general column of the ITR. That way you'll be able to revise the return, be careful you get only one chance to revise.....Once you submit the revised return, send this revised acknowledgement only to CPC. That should be all, hope it helped...

Parv Dhuria (CA) (28 Points)
Replied 12 April 2014

But I have not filled return on due date.. Still I can file a revised return?

Mayank Mall (CA-Final) (316 Points)
Replied 13 April 2014

As per Income tax rule you can not revised the Belated return, But Practicaly CPC Banglore is accepeting the revised return u/s 139(5) of belated return. If they not accepet your revise return wait for assessment order. After assessment you can file rectification.

Or otherwise, am not sure of this one but you can go for physical return, file a physical return and that way your return will be processed.