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Sec of it revised it return

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Nellai Nayagam

85 Points Posted on 23 August 2020

In which sec we have to file revised return when original return has filed with some mistakes

Replies (2)

Quick Summary

If you've discovered an omission or error in your original income tax return, you can file a revised return. Section 139(5) of the Income-Tax Act specifically allows taxpayers to correct mistakes after the initial filing. This provision ensures you can rectify any wrong statements made.

Sagar Patel

Tax and Business Consultant

11616 Points Posted on 23 August 2020

Section 139(5) of the I-T Act states that after filing their return, if someone discovers any omission or wrong statement, he can furnish a revised return.Section 139(5) of the Income-Tax Act allows taxpayers to rectify their mistake by filing a revised income tax return"

So, You can file revised return u/s 139(5)