Filing for income tax can be a bit confusing, if you’re doing it for the first time. So what happens when you make a mistake in filing your Income Tax Returns? Read ahead to know more.
When you make a mistake while filing your ITR, you are required to file a revised return with corrections and submit the same to the Income Tax Department. You can do this online as well as offline. To make an e-File Revised Return, you need to ensure that the original filing was done online as well.
You can simply visit the official website of the income tax department of India and file the taxes online. Make sure that you have your Income Tax Return-Verification (ITR-V) Form handy.
The following conditions need to be met in case of a Revised IT Return (e-File)
- The original ITR was filed online.
- The mistake made was genuine.
- The original return was filed before 31st March.
- The IT department has not completed the assessment of your IT Return.