Revised Return Filing

Made a mistake while filing your ITR? Don’t worry — you can fix it! If you’ve made a mistake in your Income Tax Return, such as misreporting income, missing deductions, or entering incorrect figures, you can correct it by filing a Revised Return under Section 139(5) of the Income Tax Act, 1961. A Revised Income Tax Return is a corrected version of your original income tax return.

At IndiaFilings, we make the process of filing a revised ITR simple, accurate, and hassle-free to help you avoid penalties, delays in refunds, or income tax notices.

What is a Revised Income Tax Return?

A Revised Income Tax Return (ITR) is a corrected version of a previously filed tax return. Section 139(5) of the Income Tax Act allows taxpayers to rectify mistakes, omissions, or inaccuracies in their original or belated return. When a revised return is filed, it completely replaces the earlier return, and only the revised version is considered valid by the Income Tax Department for processing and assessment.

When Should You File a Revised Income Tax Return?

You should file a revised income tax return when you discover any error, omission, or wrong statement in your originally filed return. Common reasons include:

1. Correction of Errors

If you discover mistakes in your original ITR, such as incorrect income figures, wrong deduction claims, or any misreported details, you can file a revised return to provide accurate and updated information.

2. Missed Reporting

Sometimes, you may forget to report certain income (e.g., interest from savings accounts, freelance income) or miss out on deductions or exemptions (like HRA, 80C, etc.). A revised return allows you to include these missed items and ensure your return reflects your complete financial picture.

3. Changes in Tax Calculation

If there have been changes in tax rules, rates, or your interpretation of tax provisions after filing the original return, you can revise your return to update your tax calculation accordingly and avoid discrepancies.

4. Other Common Scenarios

• Change in Residential Status: If your residential status (resident, non-resident) changes after the original filing, a revised return helps correct this.
• Response to Tax Department Notices: If the Income Tax Department identifies discrepancies or issues during assessment, filing a revised return can help you proactively address them.
• Claiming a Refund: If you realise you've paid excess tax or become eligible for a refund after filing, a revised return lets you claim what you're rightfully owed.

Need help with filing a revised return? IndiaFilings can assist you every step of the way, ensuring your return is corrected, compliant, and submitted on time.

Revised Return Due Date

A Revised Return must be filed by 31st December of the relevant assessment year or before the completion of the assessment, whichever comes earlier.

Even if your original return has already been processed by the Income Tax Department, you are still allowed to file a revised return. Also, there is no limit on how many times you can revise your return, as long as it's within the deadline.

For FY 2024–25 (AY 2025–26), the last date to file a revised return is December 31, 2025. 

Who Can File a Revised Income Tax Return?

Any taxpayer who has filed an original return under Section 139(1) of the Income Tax Act, 1961 — or even a belated return — can file a Revised Return under Section 139(5) to correct any mistakes or omissions. This includes:

• Individuals
• Businesses (including companies, partnerships, LLPs)
• Hindu Undivided Families (HUFs)

Even if the original return was filed after the due date (but before the assessment is complete), it can still be revised.

Is There a Penalty for Filing a Revised Return?

No penalty is charged for filing a Revised Return, as long as your original ITR was filed on or before July 31 and e-verified within 30 days.

However, if the original ITR was not filed by the due date, it will be treated as a belated return, and in that case:

• You can still file a Revised Return, but you may be liable to pay late filing fees under Section 234F for the original belated return.

What Happens After Filing a Revised Income Tax Return?

• Filing a revised return generally has no negative consequences if the changes are minor, such as updating bank account details, contact information, or other personal details.
• However, if the revised return includes significant changes, such as disclosing previously undeclared income or making major corrections, it may attract attention from the Income Tax Department. In such cases, your earlier return could be scrutinised more closely.

Important: If your revised return shows a higher taxable income, you may be required to pay additional tax, along with interest under applicable sections of the Income Tax Act.

Key Points to Remember While Filing a Revised Income Tax Return

If you're planning to file a revised Income Tax Return (ITR), here are some important things you should keep in mind:

Revised Return Replaces the Original

Once a revised return is filed, it completely substitutes the original return. The revised version becomes your final ITR for the financial year.

You Can Revise Even After Receiving a Refund

Even if your original return has been processed and you’ve already received a refund, you are still allowed to file a revised return — provided it is within the specified deadline.

Change in ITR Form is Allowed

If you selected the wrong ITR form during the original filing, you can correct it by submitting a revised return using the appropriate form.

Multiple Revisions Are Permitted

There is no restriction on how many times you can file a revised return, as long as it’s done before the due date or before assessment is completed.

No Revisions Allowed After Assessment

Once your return is assessed under Section 143(3) by the Income Tax Department, you cannot file a revised return for that assessment year.

No Penalty for Filing a Revised Return

There are no penalties or charges for filing a revised return. It’s a safe way to correct genuine mistakes made in the original ITR.

Rectify Errors to Avoid Notices

Filing a revised return helps avoid income tax notices for incorrect filings. Also, if your return contains errors, your refund may be delayed until a corrected return is submitted.

Deadline for Filing a Revised Return

A revised return must be filed on or before December 31 of the relevant Assessment Year or before the completion of the assessment, whichever is earlier.

Tax Regime Switching Rules (From FY 2023–24)

• If the original return was filed under the old tax regime, the revised return can be filed under either the old or new regime.
• However, if the original return was filed under the new regime, you cannot switch to the old regime in the revised return.

Additional Tax and Interest May Apply

If your revised return increases your tax liability (e.g., due to previously unreported income), you may need to pay additional tax along with interest under Section 234B/234C.

E-verification is Mandatory

Like the original return, the revised return also needs to be e-verified or physically verified within 30 days of filing. If not verified, the return is considered invalid.

Procedure to  File  Revised Return

Here's a step-by-step guide to help you file it seamlessly:

Step 1: Log in to the e-Filing Portal

Visit the Income Tax e-Filing website and log in using your PAN, password, and captcha code.

Step 2: Go to “File Income Tax Return”

Click on the “e-File” tab, then select “Income Tax Return.” Choose the assessment year for which you want to file the revised return.

Step 3: Select the Correct ITR Form

Pick the appropriate ITR form based on your income sources. It's recommended to use the same form used for the original filing, unless your income structure has changed.

Step 4: Choose Filing Type – ‘Revised Return’

Under the “Filing Type” section, select ‘Revised Return’ to indicate this is a correction of an earlier filed return.

Step 5: Enter the Original Acknowledgement Number

Provide the 15-digit acknowledgement number from your original ITR submission. This links your revised return to the original one.

Step 6: Make Necessary Corrections

Update the necessary sections—whether it’s missed income, wrong deductions, incorrect personal details, or other errors. Recalculate your tax liability after editing.

Step 7: Submit and Verify the Revised Return

Once all changes are made, submit the revised return. Don’t forget to e-verify within 30 days—only then will your revised ITR be valid. You’ll receive a confirmation via email/SMS.

Why Choose IndiaFilings for Revised Return Filing?

At IndiaFilings, we understand that even small errors in your ITR can lead to big headaches. That’s why thousands of taxpayers trust us to handle their Revised Return Filing with precision and care. Our team of tax experts reviews your original filing, identifies mistakes, and ensures every correction is compliant with the latest tax laws. From personalised support to quick turnaround times, we make the entire process hassle-free, so you can stay confident, compliant, and penalty-free.

File Your Revised Return easily with IndiaFilings!