Rectification of incometax return

Dear sir,pls Help one of my client return filed for the AY 2015-16 as ITR-1.while filing the return he was not considered Capital gains. The return filed by him was Processed and Refund credited to his office,now he wants to file Rectification is it allowed or not if not what is the process to file the return pls help
Replies (6)

Does he want to carry forward loss or pay more taxes out of gains??.  

he paid tax on capital gains

if he is not getting any refund it is Ok.

But the ITR-1 is wrong - He should have filed ITR-2.

 

Sir 

He filed Return already and he  got refund also,after that he wants to rectify his return is it possible

am asking is it possible to revise or rectify of return after processed of original return.

ITR-1  does not have a Capital gains schedule.

Had he filed ITR-2 then rectification is possible. But CPC normally sends to Juris AO.

I am not  sure whether he can file revised return with ITR-2. 

Not sure whether it will be acceptable.

 

he has to file ITR 2 now, rectification is not possible as original return is filed in wrong format. if the amount is small then just ignore or file ITR 2 as revised return.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Articleship Assistant

B Thejas and Associates

Bengaluru

CA Foundation

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Article Assistant

Jitendra Agarwal & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details