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Revise return after receiving income tax refund

Tax queries 278 views 4 replies

Hi all,

I have filed income tax return for AY 2017-18 for which i have received a refund. Now i want to revise the return for which i need to pay back the refund received along with interest. what is the procedure to do the same and how to calculate the interest???

 

Replies (4)
log in to your efiling account and revise your original return. in the tax computation schedule it will tell you the amount to be paid by you... pay that amount and submit the return... last date for revised return is 31/03/2018. so hurry up..

After an income tax return is filed, it is processed by the CPC, Income Tax Department. However, after processing, if an assessee realises that some income was not reported, or some deduction was not availed of in the return computation, file a rectification request. 
 

 

Yes... I agreed to Mr. Susmita Dutta ACA, ACPA...
yes once assessment done return can not be revise however rectifucation request u/s 154 can be filled.


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