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Revised ITR issue

Radhanath Parida (Article Assistant) (149 Points)

24 September 2020

Whether ITR can be revised for AY 2020-21 ?
I have already sent the ITR V for AY 20-21.

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3 Replies

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 24 September 2020

Yes.You can revise the ITR .

You may use ITR acknowledgement number & date of filing original ITR to revise the ITR for AY-2020-21

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 24 September 2020

Yes, You can file Revised ITR for A.Y 2020-21, if there is any mistake in original ITR, which you want to rectify.

Vijay Prakash (155 Points)
Replied 24 September 2020

From the Assessment year 2017-18, if any person having furnished a return under section 139(1)/(4), discovers any omission or any wrong statement therein, he may furnish a revised return. From the Assessment year 2017-18, even a belated return submitted under section 139(4) can be revised. The process of revise return is specifies under section 139(5).