I filed my tax return for AY 2015-16 three-four days back using ITR 2A. However, I am planning to revise it in the next week as I realized the following glitched in my filing:
1. Some mistake in mentioning home ownership percentage of myself and spouse for a property with home loan and rental income
2. Forgot to mention a small income from sales as commissions for which TDS was deducted under 194H. Need to add this as a source of income.
3. There's a TDS mismatch between Form 26AS and income tax portal for a few bank FDs
In the process, I might have to pay some additonal taxes through challan 280. I hope 'revision of tax filing' allows us to do all these and there's no rules/ criteria as to what changes you can make and what you can't. Since I have never revised tax return in the past, I am curious. Thanks!
CAclubindia
