Revised return

400 views 4 replies

Manoj Singh

B.Com

44 Points Joined September 2014

Dear Members “I have done my IT return for the A.Y 2015-16 as on 07.07.2015. But unfortunately I have forgotten to Deduction in U/S 80GG & even I have fielded wrong IFSC Code. So obviously due of this mistake I won’t get any refund. Yet I have also got 143 (1) From IT Department. So My Question is that in case can I do revised return if yes so after revised return will I get whole refund amount? “ please give me Suggestions as early as possible…

Replies (4)

himanshu agrawal

income tax practioner

32 Points Joined May 2015

Return revised kr do

Pawan Sharma

ACCOUNT MANAGER

100 Points Joined March 2009

YOU CAN REVISE THE SAME

Miss Rinkal

Student

1309 Points Joined January 2009

No return cannot be revised as it is already processed u/s 143(1). And hence no deduction u/s 80GG will be allowed.

However wrt refund, log on to efiling website, in that go to "my account" and in that click on refund reissue request, and punch in all the details that is given in your 143(1) intimation. Then a new screen appears, wherein it asks whether to change bank a/c derails. Select yes. And then rectify the correct ifsc. And then press OK.

Its done. Whatever refund you were eligible for in 143(1) will be credited after the request is processed

Miss Rinkal

Student

1309 Points Joined January 2009

@ Manoj Singh:

Sorry , need to correct myself. Actually got to know it now.

You can still revise the return, claim Sec 80GG and write the correct bank details now. Actually 143(1) is just a summary assessment or just an intimation and hence assessment is still not completed. You will get the refund as claimed in your reved return

Sorry for the wrong comment made earlier.