Tax Payable queries

Hi Team,

I have filed the income tax return for AY 2021-22(FY 2020-21) and my total tax liability is like 145614 (D11 column of ITR) and I have paid 145610(D12 column). Somehow I didn't notice the difference of 4 rupees but total tax payable column is also showing 0 . Do I need to file revised return for difference of 4 rupees. 

Although, in ITR it is clearly showing there is no tax liability.  please refer the screenshot and kindly suggest.


Attached File : 1386470 20210825190722 question tax.jpg downloaded: 68 times
Replies (4)
Quick Summary
A user filed their income tax return with a small difference of 4 rupees between their tax liability and payment. They are unsure if this necessitates filing a revised return, especially since the total tax payable shows as zero. The discussion clarifies that minor differences under Rs 100 are typically rounded off under Section 288B of the Income Tax Act, and no revised return is usually required.

To avoid difficulties in calculation of taxable amount and to facilitate ease of payment of tax liability, the Income Tax act provides provision of rounding off of taxable income as well final tax liability which is given under section 288A and 288B.

Difference of tax amount upto Rs 100 -- no action is required. The department says the credit or due will get adjusted in the next year processing. How far this will stay true in new tax portal where nothing from previous years is organised, I doubt.

No you have not required to file revised ITR because your tax liablity is round off under section 288b so that you tax liablity is showing is 145610 not 145614

Thank you all of you for your quick reply.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details