In the early Income Tax Return (ITR) filed … and breathed peace after pressing the ‘Submit’ button. But I remembered the next day, Hey! Forgot to show the income of interest received from the bank’s savings account! Or claimed some wrong deduction!
If something similar has happened to you, then believe me, your heart must have started beating loudly. The fear of income tax notice must have started harassing.
But stay! There is absolutely no need to panic. The Income Tax Department understands well that we can make mistakes from us as a human being. That is why he has also given you a chance to rectify your mistake, which ‘Revised ITR’ They say.
What is this ‘revised ITR’?
It is exactly like your phone’s ‘edit’ button. If you have filled your ITR on time (before the date), but there is any mistake in it – as if someone forgot to show income, filled the bank account details wrong, or took some wrong deduction – then you have taken it to him 31 December 2025 Can improve till
The best thing is that you are not once your return, but No matter how many times Can revise, just the condition that all this should be done before the deadline of 31 December.
How to improve your mistake? Know step-by-step process
This process is not as difficult as it seems. Just follow these easy steps:
- Go to Income Tax Portal: First of all from your PAN card, password and captcha code on the income tax e-filing website Log-in Do
- Choose the right path: After logging in ‘E-File’ Go to the menu, then ‘Income tax return’ Click on and ‘File Income Tax Return’ Select
- Now comes the most important step:
- Assessment year (Ay) Choose, which will be 2025-26.
- Filing type In ‘Revised Return’ Select
- Now you Acknowledgment Number of Original ITR And Date of filing Will be sought. This will be found on the mail or ITR-V form received on filing the original ITR.
- Fill the form again: After this, the ITR form will open in front of you. Now you have to repay the entire form, but this time fill the mistakes that you made for the first time. Check every information twice.
- Don’t forget to e-varify: After filling all the information correctly, finally your revised return e-varify Do definitely do it. Easiest way Aadhaar OTP Is of Your return will be considered incomplete without verification.
Will there be any fine?
If no additional tax is being made after rectifying your mistake, then you will not be fined. But if your tax liability increases after rectifying the mistake, then you will have to pay that additional tax with interest.
So do not panic the next time ITR makes a mistake, just remember that you have a ‘Undo’ button before 31 December!
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