REVISED RETURN

  • Revised return allows an assessee to rectify the error or omission of facts made at the time of filing the original ITR. When filing a revised return we need to mention details of the original return i.e., acknowledgment no and date of filing original return.
  • Time limit to file revised return is anytime-
  1. before the end of the relevant assessment year; or
  2. before the completion of the assessment,

whichever is earlier.

  • The process of filing a revised ITR is the same as filing an original one. However, while filing a revised ITR, an assessee is required to file it under section 139(5) of the Income-tax Act.
 AY 2019-20AY 2020-21
Due date for filing revised return.June 30th 2020March 31st 2021

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