A step-by-step guide to filing a revised tax return

New Delhi: The deadline for submitting the revised income tax return (RTI) is March 31, 2022. We often make small mistakes when filing our ITRs. These errors, however small, can significantly affect tax deductions. Therefore, the IT department has a provision for taxpayers to correct their errors and file a revised ITR. Section 139 (5) of the Income-Yax Act, 1961 has the same provision.Also Read – Fact Check: People Getting Messages Saying ‘Your SBI Account Has Been Blocked’ Check If These Messages Are Real Here

It should be noted, however, that the details of the original declaration must also be mentioned in the revised ITR. Also read – New salary code: payslips will be modified from fiscal year 2022-23. Know the new salary structure, taxable income and other details here

Step-by-step guide to filing a revised ITR

  1. Visit the official website, https: // Incometaxindia.gov.in/Pages/default.aspx
  2. Log in using User ID (PAN number) and Captcha.
  3. Click on the ‘e-Filing’ menu and select ‘Income Tax Return’.
  4. Now, on the next page, select the assessment year, ITR form number and select “Revised” under “Filing type”.
  5. Click on “Prepare and submit online”
  6. Now under the “General Information” tab, choose “Return deposit section”
  7. Under this menu, click on “revised declaration” and under the “filing of declaration” menu, click on “revised”.
  8. Enter the acknowledgment number and the filing date (original).
  9. Fill in the details and click “Send”.
  10. Now you can e-check the returns and continue.

Read also – Tax return: these taxpayers can file an ITR without paying late fees even after the due date