Revised return

1) In case of refund ,ITR can be filed after 31st July.

2) As u Have e-filed,Incometax will be calculated by deptt. as per your taxable income & savings and refund will be given.

3) U can file revised return.

Pl correct me if I am wrong.

Normally such kind of clerical error gets rectified when you click at Compute TAX Button before generating XML File

So just check the refund amount in Acknowledgement that you would have received while uploading the return and see whether it is showing the correct refund amount or not ?

And a belated reurn cannot be revised

Login the assessee's a/c at Directorate's site,under the option of "MY ACCOUNT"  option of rectification of return  is available.

Agree with Jas preet

belated return cannot be revised....AGREE with Vijay

YOU HAVE TO WAIT FOR JUST A FEW DAYS.

MEANTIME YOU WILL RECEIVE AN INTIMATION U/S 143(1) FROM THE CPC.

YOU WILL BE ABLE TO FILE THE RECTIFICATION REQUEST,  IN CASE DESIRED,  ONLY AFTER RECEIVING THE SAID INTIMATION.

Please clarify me on the following :

The Assessee has e-filed the Income Tax Return by today i.e. 16.08.11 with errors.

If the signed acknowledgement is sent to CPC, BLR, only then, this e-filed ITR shall be taken on record by the department.

Suppose, the said Assessee is not sending the ITR-V, then it will be treated as non-filing by the department.

In view of the above reason, whether the Assessee can e-file with correct amounts, as if, the Assessee is filing

for the first time. (Hence, the requirement of revised filing does not arise, if the Assessee files in the said manner).

Dear Friends / Experts, Please correct me.

Originally posted by : DECAY
	Please clarify me on the following : The Assessee has e-filed the Income Tax Return by today i.e. 16.08.11 with errors. If the signed acknowledgement is sent to CPC, BLR, only then, this e-filed ITR shall be taken on record by the department. Suppose, the said Assessee is not sending the ITR-V, then it will be treated as non-filing by the department.   In view of the above reason, whether the Assessee can e-file with correct amounts, as if, the Assessee is filing for the first time. (Hence, the requirement of revised filing does not arise, if the Assessee files in the said manner).   Dear Friends / Experts, Please correct me.

better skip the sending ITRV and file a manual return with ITO of your warrd, as e filing site has already recorded your submission and may not allow you to re-file the same.

GM

Though as per according to the Act a Belated return can not be Revised. But as far as our CPC is concerned they do accept the Revised Returns belatedly Returns. The Course of Action required to be taken is that you dont send the ITR V of Orignal one & Just File the the revised Return & Send the ITR V of the Revised return to the Banglore. They will certainly accept it and Process according to the revised one only.

In your case it is just airithmetic error It may be rectified while processing the same can be seen in the Intimation U/s. 143(1) by Deppt. without involving sec. 154. But for that you have to send the ITR V.

Correct me if erred.

Thanks

Prakashkumar Patel

agree with vijay

i e-filed my personal (individual) I.T return of A.Y. 2009-10 after 31st July 2010. i.e. belated on 29 sept 2010. after few days ( after 6 months) i got 143(1) intimation notice for demanding Rs.89623/- from CPC Banglore. I check my .xml file again which is generated from software and come to know that while feeding data in software package (sinewave Taxbase) i keep blank " disallowed depreciation" colummn. and due to this my allowable depreciation cliam is fully disallowed by electronically by income tax department. then i filled revised return after rectifying my mistake but income tax department send me section 154 rejection notice on the grounds that my original return was belated i.e. after 31st july 2010.  now i filed Apeal to I.T.O regarding this issue.. i have not add any single income or reduce my any income.. so why they reject???

my basic question is validator is provied by income tax department.. so why its validate the file even though it contain some blank feild or any mistake Tick marks. Suggest me any case referance or idea to fight against department... this situation  happens in more than 176 of my assessee. i'm in big trouble because of " e-filing"