Step-by-Step Guide to Revised Income Tax Return AY 2024-25

If you made a mistake while filing ITR for AY 2024-25 (FY 2023-24), now, there is an option to revise the return. The revised return will take the place of the original return and will be considered as furnished on the date of return that was filed previously. A revised income tax return can be updated before the expiry of the assessment year or at the end of the year, which comes earlier.

Process To Furnish Updated ITR

The process is just similar to the original return filing. Go to the Income Tax Department’s e-filing website and use the secure credential to log in to your account. In Part A of General Information, it is important for the taxpayer to select Revised Return under Section 139(5) mentioned in the drop-down section and further mention the details of the original return to be identified including ‘Date of filing of Original Return’ and Order Acknowledgment Number.

As mentioned by an expert regarding the frequency of revising an ITR form, “Assessees can revise a return every time they discover any omission or wrong statement within the time limit prescribed for filing a revised return. However, one should take utmost care while filing a revised return so as to avoid complications in future and should not misuse the facility.”

Important Points to Consider While Filing Revised Income Tax Return

For the FY 2023-24, to file the revised return form is 31st December 2024
Furnish revise return only in case of wrong and omission statements. The revised return with not disclosed income in the original form can be scrutinized by the assessing officer.
Mandatorily verify the submitted revised return form
The original return is replaced by the revised return in the prescribed bracket
It is important to consider the due date of furnishing the acknowledgement number of the previously furnished original return form.

Comments ( 43 )

ghanshyam 1 year

I want to file my ITR for AY 2022-23 now. can I?
- SAG Infotech 1 year
  
  Under Sec 139 (8A) updated return can be file only case of tax payable not for only refund and TDS claim
SUMIT GUPTA 1 year

I HAVE FILLED ITR AS 22-23 , BUT I WANT TO REVISE IT NOW. CAN I DO THIS OR WHAT IS THE ALTERNATE FOR THE SAME?
B S SARMA 2 years

I am a senior citizen having income from pension and bank interest. I have an additional income of Rs1200/-&Rs 3200 for the Ays 2021-22 &2022-23 respectively
which escaped my attention while filing ITRs by the due dates as no TDS had been done and it was not reflected in 26as or AIS. I understand that I can’t file an updated ITR for the AY 21-22 as the total income including the additional income will be below Rs5,00, 000.Now,I want to file an updated ITR for the AY 22-23. When can I file and what will be my total tax liability? Processing is completed for both Ays. Please advise.
- SAG Infotech 2 years
  
  You can file the updated return of AY 2022-23 up to 31st march 2025 but you can file it only if you have an income of More than Rs 500000 and tax is payable on it.
  - C.S.Sodhi 1 year
    
    I had filed it return on 2nd June Now I find mismatch in interest from deposits in AIS and filed in return.I want to submit revised itr When I go to section gross income it shows data as per AiS.I have income from pmyyu which I am able to add.when I choose add income it shows paze not available.kindly guide
ASHISH 2 years

Can we file revised return of our Company for FY 2021-22 before 31.03.2023.
However Assessment U/s 143(1) already done in Feb 2023
- SAG Infotech 2 years
  
  No you can’t file the Revised Return of F.Y. 2021-22 now. The last date to revise the return was 31st December 2022.
Prasad 2 years

I have filed my ITR for AY 2022-23 which is processed and I’ve got refund already. Now I’ve
got sms from ITD stating certain High Value transaction in FY 2021-22. When checked, i found that it is regarding my FD Interest which is got updated in my AIS in the month of December 2022 (which was not mensioned in the AIS when I had filed my original ITR in July 2022). What needs to be done now? Should I respond to this campaign message and do i need to file Revised ITR or Updated ITR? What are the dates for these filings?
Is there any penalty for this? Plese reply.
- SAG Infotech 2 years
  
  You need to file the updated return as the date of filing the Original and revised return has expired. In the Updated return, you have to pay an additional penalty on the income not reported.
  - Govind Narayan 2 years
    
    My CA filed the itr of financial year 2021-2022 with wrong details in the form 16 which mentioned cross income received more than the actual gross income. Can I file an updated itr.
    - SAG Infotech 2 years
      
      Updated Return can be filed only if you have Gross total income more than Rs 2,50,000 and there will not be Refund Case.
Raveendranathkuup M 2 years

I FORGOT FILE 10EIN THE FY 2021-22 AND IT WAS PROCESSED. NOW I WANT TO FILE 10E AND CLAIM RELIEF U/S 89(1).
IS IT POSSIBLE TO REVISE IT AS 31 DECEMBER 2022 IS OVER
- SAG Infotech 2 years
  
  You can try that through Updated Return.
  - Priyank Prajapati 2 years
    
    can i tya update return but error ack no and original date
    - SAG Infotech 2 years
      
      Sometimes in Updated Return, this problem occurs. You can wait for some days to upload it again; if the problem persists, you may contact the portal.
Murthy 2 years

can i revise returns of ay 2022-23
- SAG Infotech 2 years
  
  No, you can file only updated returns of AY 2022-23
- Rodney DGama 2 years
  
  I had filled my returns on 31st July 2022
  Also received my refund
  But realized that I had made some mistakes
  Now can I file revised to get the balance refund pl advice thanks dear
  - SAG Infotech 2 years
    
    No, you can’t file a Revised Return and in the updated Return Refund is not allowed
MANOJ KUMAR 2 years

How to respond notice u/s 139(9) for defective return for AY 22-23
- SAG Infotech 2 years
  
  Make the changes in the Original Return and select section 139(9) while filing the Reply but if the portal is showing an error then need to contact the Portal for resolving it.
Geeta N 2 years

I have files iTR1 (online filing ) however not yet everified. I need to revise the return . Can I do so from portal and online ? what is the process/step..
Velu Mani 4 years

However, I missed to submit the revised assessment for the AY 2019-20 (FY 2018-19) and I was not aware that Nov-30th2020 is the last date for revisions.

can anyone guide me, how to submit the revisions for the AY 2019-20 (FY 2018-19)?
Rajagopalan 4 years

I am having an income of around 6 lacs in FY 2019-20 and filed ITR-1 which I do usually. I am a director in one company but there is no remuneration and understood I need to file ITR-2. Shall be much obliged if you could guide me in this regard.

Thanks
S.Rajagopalan
- SAG Infotech 4 years
  
  If you are a Director in one company then you need to file ITR-2.
- Mahavir singh 4 years
  
  Can I file ITR ay 19 20, plz reply
  - SAG Infotech 4 years
    
    Last date to file ITR for AY 2019-20 was 30th November 2020.
Abram Jacob DMello 4 years

In March 2020, I had deposited a sum of Rs. 50,000/- towards self-assessment tax for AY 2020-21. However, by mistake, it is posted in AY 2019-20. How to reverse this amount to AY 2020-21.
- SAG Infotech 4 years
  
  Adjustment of challan is not possible to different Assessment Years. Please contact Income Tax Portal regarding this matter.
Shreya Sharma 4 years

I have income from salary and income from commission and brokerage and I have filled my return of the assessment year 2019-2020 in ITR 3 and shown commission income in section 44 AD.retun was processed got refund..is it correct..is any requirement to revise my return of the assessment year 2019-2020… please guide me
Arunkumar S 4 years

I filed my return (Pensioner – Senior Citizen: Age > 60 years) FY 2018-2019 before the deadline and got my ITR approved and a refund has been processed. However, I didn’t know about section 80TTB which provides Rs 50,000 exemption on SB/FD interest for Senior Citizen: Age > 60 years and didn’t add it. Shall I file the revised ITR now? I am getting an additional refund when adding this 80TTB 50k exemption. Is this a valid case to file a revised return?
- SAG Infotech 4 years
  
  You can revise the return of FY 2018-19(AY 2019-20) till 30th September 2020
Tanner Doshi 4 years

I have filed ITR 1 for AY 19-20 and I have to revise it to form ITR 3. Can I do it? If Yes kindly guide me in doing it
- SAG Infotech 4 years
  
  Yes, while revising you can change the ITR Form.
  - vikash gupta 4 years
    
    What about time limit of revising return, it was july 30, 2020.
    - SAG Infotech 4 years
      
      30th Sep 2020
  - Shreya sharma 4 years
    
    I have filled my return of the assessment year 2019- 2020 in form ITR 3 and got a refund but I have to revise it to ITR 1.can I do it?.. please guide me.
- Kailasam 4 years
  
  For any queries regarding ITR filing, Kindly call to Imcome tax customer care help desk number which mentioned in website. https://www.incometaxindiaefiling.gov.in/main/contactUs
- HRISHIKESH BISWAS 4 years
  
  I have filed an Income Tax return of a.y 2019-20 and it has been already processed, now it can be revised
  - SAG Infotech 4 years
    
    ITR for AY 2019-20 can be revised up to 30th November 2020.
Moorthy 5 years

AY 2019-20 Reversed income tax return filing last 31 March 2020 or 30 may 2020
- SAG Infotech 5 years
  
  The last date for filing the Revised income tax return for the AY 2019-20 (FY 2018-19) is extended from 31st March 2020 to 30th June 2020.

Step-by-Step Guide to Revised Income Tax Return AY 2024-25

Process To Furnish Updated ITR

Important Points to Consider While Filing Revised Income Tax Return

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