Rectifying income tax returns..!
After an income tax return is filed, it is processed by
the CPC, Income Tax Department.
However, after processing, if an assessee realises that
some income was not reported, or some deduction was not availed of in the
return computation, it is possible to file a rectification request.
After the filing of the revised return, the Income Tax
authorities may revise the intimation or order (if already passed), if they
find merit in the revision.
1. Prerequisite..!
To file for a rectification, the assessment of the
original return should have been processed at the CPC, Bengaluru.
2. Online portal..!
Rectification of the return can be carried out online on
the income tax portal https: incometaxindiaefiling.gov.in.
The assessee should log in using his login name and
password and go to `Rectification' option under the tab `E-File'.
3. Details..!
The type of return you are filing (income tax or wealth
tax), and the assessment year pertaining to the rectification needs to be
added. Latest communication reference number needs to be mentioned.
This is the number of the last communication received
from the Income Tax Department.
4. Rectification request..!
After validating the details, the assessee should enter
the rectification request type and enter the required details.
Once the details
to be rectified are entered and submitted, an acknowledgement number is
generated for future reference.
5. Verification
Once the rectification request is filed, it needs to be
verified either through the assessee's Net banking portal or using the Aadhaar
OTP income tax verification mechanism.
The filed revised return is sent by e-mail to the
assessee's registered email ID.
Points to note
* It is also possible to file rectification application
through the physical mode.
* The IT Department has allowed rectifi cation of returns
filed after the due date.
Courtesy : Centre for Investment Education and Learning
(CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi
Mehta.
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