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Revise Return File

Kamlesh Tolani (accountant) (562 Points)

06 October 2019

ONE REVISE RETURN FILE NOW WHICH RETURN VERIFY ORIGINAL OR REVISE RETURN.

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12 Replies

Youtube Premium (11 Points)
Replied 06 October 2019

Revised return has to be verified

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Kapadia Pravin (17249 Points)
Replied 06 October 2019

Better to verify original return also. As the date of filing will be considered of original return.

And without verification the return is considered as not filed at all.

1 Like

sundhar jkn (205 Points)
Replied 06 October 2019

Revised return will not be accepted without e verify of original return

RAJA P M ("Do the Right Thing...!!!") (127660 Points)
Replied 06 October 2019

Yes... I agreed to Mr Kapadia Pravin reply..

Yes... Original (1st return) will verify then only 2nd return treat as Revised return.

Darshan Jain (CA) (137 Points)
Replied 07 October 2019

A revised return substitute original return. If the original return is invalid, the revised return would also be invalid. This even if the revised return is e-verified.

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Kapadia Pravin (17249 Points)
Replied 07 October 2019

Practically it takes hardly any time to eVerify.
To be on safer side eVerify original
Do not invite any type of litigation.
It is must also.

sabyasachi mukherjee (26527 Points)
Replied 08 October 2019

@ tolani if u file the original return within due date.
hv u received any notice from the AO.
Revised Return is applicable only when there are errors of ommision.
There is any probabilty of increase in the taxable income of the assesse resulting in the tax payable or a wrong exemption claimed.
In these cases the AO can serve a notice .
Then you hv to file a revised return.

RAJA P M ("Do the Right Thing...!!!") (127660 Points)
Replied 08 October 2019

@ Tolani.,

If You are rectify or find our any errors or mismatches as per Your query then You can revise Your ITR. Don't be wait AO's letter or demands or Notice or Intimations...

Go to verify the 1st ITR (original) then use the acknowledgement number in the 2nd ITR (revised)...

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Suresh Thiyagarajan (Student) (3986 Points)
Replied 08 October 2019

1. Revised return will be in relation to the original return. It is revised return only because you have filed the original return.
2. So it would be prudent for you to e verify the original return first and then e verify the revised return.
3. Ultimately revised return alone will be considered as final by the IT authorities for its processing.
4. Better to verify both as it will take no time to e verify.
Please correct me if the above solution has an alternative view.