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Revised E-Filing Help Needed.

ITR Filing 2477 views 9 replies

I uploaded my incomplete xml file by mistake while efiling. It is missing some details and I would like to make a correction now.

Should I just go ahead and upload the correct xml file.

Or should I file a revised return.

In case I have to file a revised return, should I be sending both the ITR-V forms (original and revised) to the IT Department or only the revised form.

Thanks in Advance !

Replies (9)

If you filled wrong then file revise return and send both ITR-V to department...

you will have to revise the return & then you will have to send both the forms to Banglore central deptt.

Thanks for the replies.

One clarification, as per the IT circular :

In case, Form ITR-V, is furnished after the above mentioned period, it will be
deemed that the return in respect of which the Form ITR-V has been filed was never furnished
and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by
submitting the new Form ITR-V within thirty days.

So, if I do not send the ITR-V for the wrongly filed xml, will it not automatically get discarded and in the meanwhile I can file a new original return (which could be efiling or paper filing). Does this sound wrong ?

Originally posted by :Amit
" Thanks for the replies.
One clarification, as per the IT circular :
In case, Form ITR-V, is furnished after the above mentioned period, it will be
deemed that the return in respect of which the Form ITR-V has been filed was never furnished
and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by
submitting the new Form ITR-V within thirty days.

So, if I do not send the ITR-V for the wrongly filed xml, will it not automatically get discarded and in the meanwhile I can file a new original return (which could be efiling or paper filing). Does this sound wrong ?
"

 

yes amit this is wrong as the original return will never be furnished so u cannot file a revised return of the return which was not filed at all. Therefore u will have to post both the returns. 

Originally posted by :saurabh
"


Originally posted by :Amit


"
Thanks for the replies.
One clarification, as per the IT circular :
In case, Form ITR-V, is furnished after the above mentioned period, it will be
deemed that the return in respect of which the Form ITR-V has been filed was never furnished
and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by
submitting the new Form ITR-V within thirty days.

So, if I do not send the ITR-V for the wrongly filed xml, will it not automatically get discarded and in the meanwhile I can file a new original return (which could be efiling or paper filing). Does this sound wrong ?
"




yes amit this is wrong as the original return will never be furnished so u cannot file a revised return of the return which was not filed at all. Therefore u will have to post both the returns.
"

Thanks Saurabh. So, then why should I file a revised return. Should I not file a new original return and send a new ITR-V and completely forget about the wrong one filed earlier, and not send the old ITR-V for it at all.

Originally posted by :Amit
"


Originally posted by :saurabh


"



Originally posted by :Amit


"
Thanks for the replies.
One clarification, as per the IT circular :
In case, Form ITR-V, is furnished after the above mentioned period, it will be
deemed that the return in respect of which the Form ITR-V has been filed was never furnished
and it shall be incumbent on the assessee to electronically re-transmit the data and follow it up by
submitting the new Form ITR-V within thirty days.

So, if I do not send the ITR-V for the wrongly filed xml, will it not automatically get discarded and in the meanwhile I can file a new original return (which could be efiling or paper filing). Does this sound wrong ?
"




yes amit this is wrong as the original return will never be furnished so u cannot file a revised return of the return which was not filed at all. Therefore u will have to post both the returns.
"



Thanks Saurabh. So, then why should I file a revised return. Should I not file a new original return and send a new ITR-V and completely forget about the wrong one filed earlier, and not send the old ITR-V for it at all.
"


 

 

Amit, the return that u efile now will not be an original return, coz in records if the deptt u hav already filed the return, however it is incorrect.

Therfore, the return that u file has to be a revised return and it cannot be a new original return. Revised return steps into the shoes of original return. thus, where a revised return is filed, the original return is deemed to have been withdrawn and revised return takes its place (sec 139(5) + Dhampur sugar Mills pvt Ltd).

If u still have any doubt, plz ask Amit

 

Thanks Again Saurabh.

So, if I mark the new return as a revised return what should I fill in section where I need to fill in the following details :

 

If revised, enter Receipt no and Date of filing original return (DD/MM/YYYY)

 

Since I have not yet sent an ITR-V form, I have not received any receipt number. All I have is an e-filing acknowledgement number. I believe, what is being asked here is the number that the department stamps on receiving the ITR-V, which I do not have.

Moreover, as per my understanding, the filing is completed only once I submit the ITR-V and that is stamped by the department, and if that does not happen in 30days time, the filing is anyways deemed expired. So, is a revised filing really needed in my case if I do not submit the ITR-V for the erroneous filing I made today.

 

Pardon my ignorance, but I wanted to understand the situation before I proceed with a new original or a revised filing.

Thanks for your time and patience.

 thnaks for the information

I have filed a return(wrong) & not send a ITR-V to bangalore,But immediatly i furnished a revised return thr my digital signeture ,shell i send a ITR-V t bangalore or not


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