There is common question is How to revise the return where original return was e filed by the asessee . person want to know the process .We have summersied FAQ about the revision of return off income tax return.

Revision of e filed return is as simple as as filing of original return.In fact the same process nothing new . 

Time period to revise the Income Tax return. :One point you note first that revised return can be filed only if original return has been field with the due date . revised return can be filed with in one year from the end of assessment year ,but before the completion of assessment . Means for financial year 2011-12 (assessment year 2012-13) revised return can be filed latest by 31.03.2014.[section 139(5)}]

Step By step Guide to revise e filed original return.

1.Open excel file in which you have filed original return.
2. Enable macros.
3. Do the necessary correction where ever it is required .
4. Mention return as revised Return.
5. section section 139(5) from the list .
6. Fill Acknowledgement and Date of original ITR-V downloaded after e filing of original return.
7. Click compute tax again , validate on each sheet and then Generate XML file agin and upload it at income tax india efiling site after lo gin as earlier done.
8. Download revised ITR-V ,sign it .
9. Send Old and New ITR-V(both) to CPC Banglore office (address already given in itr-V)
10 that's all.

Where revision of return is not required or not advisable (our views not Govt views)

  1. You have negligible Tax refund but Bank account is Incorrect .
  2. You have negligible Tax refund but Bank MICR code is Incorrect .
  3. You have filled incorrect  Ward/Circle  Number: ward circle number in efiling is not mandatory.
  4. You have wrongly selected Govt employee category but you are psu employee: There are certain benefit available to Govt employee in taxability of perquisites /salary benefits . So no need to revise return .however on the reveres ,if you are Govt employee and wrongly selected PSU or others, then you must revise retrun.
  5. You have forget to enter 80C amount invested ,though already entered amount is more than 1,00,000.
  6. You have forget to enter 80C or other deduction but this have no effect on tax due as income is less than exemption limit .
  7. Minor error in address ,though no refund due.
  8. Minor error in fathers name .
  9. Forget to enter exempted income in sr no.26 for reporting purpose or entered less amount.
  10. Entered incorrect date /Place in verification date.
  11. Forgot to enter Unique TDS certificate number (this is not mandatory) Sr number 24(4) in itr-1
  12. Error in  name of the deductor[ sr no 23(3) & 24(3)] though TAN is correct [  sr no 23(2) & 24(2)]
  13. Email address/mobile incorrect.
Situation where you must revise Your Return.

  1. Pan Number or name is incorrect .
  2. Sex Male /female incorrect .
  3. residential status incorrect.
  4. In case of revised return original acknowledgement number incorrect .
  5. Income detail incorrect .
  6. Tan Number incorrect
  7. TDS details amount incorrect.
  8. Forget to enter saving which effects Tax liability .
  9. Incorrect bank details /Micr code where refund involved .
  10. Forgot to enter /entered incorrectly the advance tax and self assessment tax deposit details.

Common question 

Should I Send old ITR-V to Bengluru office 

Yes , You must send ITR-V of Old return (original return ) as well as of revised return to CPC office.

I Have noticed an error in ITR-V (income detailed is not entered correctly) ,should I withhold this ITR V and file fresh Income tax return through e filing ?

Do not withhold original ITR_V , Revise return is valid only if you send your orginal itr-V also. so send both the ITR-V.


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. SECURITIES (MNP) (TDS)2007-08 ` 01.07.12 01.09.2008 01.10.2012 06.07.2009 07.08.2012 1 PERCENT EXCISE ITEMS LIST 1 sep 1% excise 10 year nsc 10(10C) 1000 court cases judgements supplied to ITO 1000 rupee note 11-2008 11-2010 130 items 14.08.2008 15 august 150 Rs coin 15g 15h 18-12-2009 192(1A) 192A 194 I 194A 194c from 01.10.2009 194H 194j 194LC 1981-2007 2% cst 2% excise 2004 2008 2008-09 FY 2010 206AA 234A 234B 234C 234c interest calculator 234E 23AC 23ACA 23B 24C 24q annexure II 25 paisa coin 271(1)(c) 271B 271H 272B 27A 280 280 challan 281 282 283 29 AUGUST 29.04.2010. 29/08/2008 29/2008 service tax 2g meaning use 3 idiots 30 MARCH 31st March 32-2010 33 of 2009 35(2AA) 35(2AB) 3CD 3g meaning use 40(b) 43B 44 AB EXEMPTED INCOME 44AA 44AB AGRICULTURE 44AB new limit 44AB NON RESIDENT 44ad 46/2012 45/2012 49C 5 day week 5 years post office deposit 5/2011 50 paisa coin 54b 54EC 54ee 54f 54gb 5th paycommission punjab 6 % excise 6 crore advance limit 6/2005 69/2010 6th cpc 6TH PAY COMMISSION 70% of pan etds 7th Central Pay Commission 8 tips to save tax 80C 80ccc 80CCD 80cce 80CCF 80CCG 80d 80DDB 80EE 80G 80GG 80GGA 80GGB 80ggc 80tta 80U 85% of pan etds 86/2008 DATED 13-08-2008 87A rebate 89(1) 89(1) relief calculator 9.5 % rate for private epf 92E 95% of pan etds 98 dated 04/01/08 aadhaar aakash tablet aam admi aar Aayakar Sampark Kendra abatement abolished ACCOUNT PAYEE DRAFT Accounting ACCOUNTING CODE accounting code for services ACCOUNTING FOR GOVT GRANTS accounting standards ACES ADD IN Add-Ins additional relief in budget 2010 adjustment of advance FBT with advance Tax advance rullings advance salary ADVANCE TAX CALCULATOR advance tax challan ADVANCE TAX CUT OFF AMOUNT ADVANCE TAX DATES AFFIDAVIT AG Projects Technologies Ltd RT age 80 addition pension aibea wage revision aibea wage revision latest news aiboa aiboc aiboc wage revision AIG AIR airline ticket booking tds airlines all is well allowances allownces alphabet of inspiration alteration on check allowed alternate minimum tax AMENDED 3CD amendment in companies bill 2011 amendment in gratuity act 2010 amendment in registration service tax AMENDMENT IN SERVICE TAX ON RENT amendment to finance Bill 2010 AMNESTY SCHEME 2007 amt Anna Hazare anna hazzare bill vs govt lokpal bill appeal apply for new pan card against old pan card aqb arbitration arrears of salary arrears of sixth pay ARRERS TAX AS-12 ASBA assessee in default ASSESSMENT REOPENING ASSESSMENT YEAR 2008-09 REFUND atm atm 100 per day atm cash without card atm tips atm wrong debit audit cases itr filing audit limit enhanced Audit Questionaire AUDIT REPORT AUS VS IND.INDIA VS SL Automated teller machine AUTOMATION OF CENTRAL EXCISE AND SERVICE TAX ay 2010-11 bad debts Bank Bank account bank audit bank audit 2012 bank charges BANK SALARY bank strike 06/07/09 and 07/07/09 banking law amendment banknotes banks npa provisioning BARE ACT bare rules BASE RATE BY BANKS bcct BIMAL JAIN biometric pan card black and white form not acceptable black money BLOCK PERIOD blogging bobay refund BONUS bonus share book discount BOOK ON EFILING BOOK REVIEW books of accounts BOOMING INDIAN ECONOMY both House rent allowance both hra and house loan Brass Scrap BRIBE CASE BROKER BSE bsnl broadband bsnl broadband usage bsnl land line sms alert BSR CODES BUDGET 2009 budget 2010 budget 2010-11 budget 2011 BUDGET 2012 budget 2013 BUDGET 2014 BUDGET 2014 CONTEST budget expectations BUDGET HIGHLIGHTS budget live on computer budget live telecast budget notification budget on tv budget speech BUDGET SPEECH DOWNLOAD Budget-2014 Budget-2015 BUDGET-2016 BUDGET08 Business BUSINESS AND PROFESSION MEANING BUSINESS COVERED UNDER 44ab BUY HOUSE C FORM CA CAN ONLY AUDIT MVAT CA CLUB INDIA CA GIRISH AHUJA CA NITIN GUPTA CA PARDEEP JAIN CA ROHIT GUPTA ca services CA sudhir Halakhandi CA Swapnil Munot CA Vikas Khandelwal calculate arrear CALCULATE NEW PAY calculate your emi calculation of tax on salary arrears CALCULATOR CALCULATOR REVISED capital asset capital formation huf Capital gain capital gain account scheme 1988 CAPITAL GAIN INDEX capital gain on repayment of loan capital gain on tenancy rights