ITR filing: How to File a Revised Income Tax Return and Avoid Penalties or Rejection
As per the Income Tax Act, 1961 individuals are allowed to file a revised income tax return. Usually, it can be done by those who had previously omitted some information or had provided inaccurate details. Typically, one can revise this through the online tax filing portal. Steps to file revised ITR By following these steps, one can complete the process of filing of income tax returns. 1. Log in to the official e-filing income tax portal with your PAN and password. 2. Click on e-file menu. 3. Next, click on ‘ Income Tax Return ’. 4. Entering your PAN details will direct you to its income tax page. 5. Select your ITR form number and its assessment year. 6. Select ‘Revised Return’ as your ‘Filing Type’. 7. Click on the ‘Submission’ option. 8. ...