It’s common that after you have done ITR Filing, you might have made some mistakes such as:
- Missed claiming a tax refund,
- Forgotten to include deductions or exemptions, or
- Reported incorrect income details.
So, no need to panic. The law under Section 139(5) gives you the right to file revised income tax return and correct your ITR filing before the deadline. Let’s learn all about it in this article.
Common Mistakes Fixed Through Revised ITR Filing
You can correct a wide range of errors in your filed ITR through revised income tax return, such as:
- Missed refund claims due to not reporting TDS/TCS credits.
- Not claiming deductions/exemptions under Sections 80C, 80D, 80G, 24(b), etc.
- Using the wrong ITR form initially.
- Income misreporting, like showing capital gains as other income.
- Mismatch with AIS/Form 26AS details.
Who Can File Revised Income Tax Return?
Revised ITR filing can be filed in these two cases:
- Taxpayers who filed their original return on time under Section 139(1).
- Taxpayers who filed a belated return under Section 139(4).
Who can not file revised income tax returns?
If you filed your ITR in response to notices under Sections 142(1), 148, 153A etc., you cannot revise it under Section 139(5).
What is the deadline to file revised ITR?
The time limit for revised ITR filing is the earlier of:
- 31st December of the relevant assessment year, or
- Completion of assessment by the tax department.
For Example: For AY 2025-26 (FY 2024-25), the deadline to file revised income tax return is 31st December 2025 (unless the assessment is completed earlier).
What can not be fixed by filing a Revised ITR?
- You cannot convert a belated return into a return of loss (for claiming carry forward of losses).
- Certain tax regime choices (like opting for Section 115BAC) must be exercised by the original due date and cannot be changed later through revision.
- You cannot revise once assessment is already completed.
Benefits of Filing Revised Income Tax Return
Get your pending refunds
If you missed reporting TDS or TCS in your original ITR, you might miss major refunds. So, when you file a revised income tax return, you include those entries and ensure the refund reaches your account.
Correct your income details
If you reported your income under the wrong head or missed out on disclosing some income, you can correct it through revised ITR Filing. This helps you avoid penalties for misreporting and keeps your tax profile clean.
Claim the deductions you forgot earlier
Did you forget to claim investments under Section 80C, health insurance under Section 80D, or home loan interest? By filing a revised ITR, you make sure you don’t lose the tax benefits you deserve.
Enjoy peace of mind
Once you revise your ITR, you know that your details are accurate. You don’t have to wait for a tax notice to point out mistakes, you can then fix them yourself on time.
Best Practices for Smooth Revised ITR Filing
| Best Practice | Why It Matters |
| Cross-check Form 26AS and AIS | To ensure all TDS/TCS credits and income sources are captured. |
| File as early as possible | Early filing gives time to spot errors and revise before the deadline. |
| Keep documentation ready | Deduction proofs, donation receipts, Form 16, bank interest certificates may be asked in scrutiny. |
| Don’t overuse revision | Though you can revise multiple times, repeated revisions may invite scrutiny. |
| Check assessment status | If scrutiny or assessment has started, revision rights may be curtailed. |
FAQs
1. Can a belated return be revised?
Yes. Returns filed under Section 139(4) (belated returns) are eligible for revision under Section 139(5).
2. How many times can I revise my ITR?
Any number of times before the 31st December deadline or completion of assessment. However, it’s better to double-check and file carefully to avoid multiple revisions.
3. Will revising an ITR delay my refund?
Yes, sometimes. The department will process only the latest revised return. Earlier refund claims, if any, get overridden.
4. Can I revise my ITR after I receive an intimation under Section 143(1)?
Yes. As long as you are within the Section 139(5) deadline and assessment is not completed, you can revise even after receiving 143(1) intimation.
5. Can I switch from the old tax regime to the new regime using a revised return?
No. Regime selection must be made by the due date of the original return. Revised ITR cannot be used to switch regimes.
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