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Rectify Your Income Tax Return with Ease

Mistakes happen, but they don't have to be permanent. If you've identified an error in your processed Income Tax Return (ITR), Taxes Genie is here to guide you through a seamless rectification process under Section 154 of the Income Tax Act.

Common Errors Eligible for Rectification

Rectification under Section 154 is applicable for mistakes that are apparent from the record, such as:

  • Clerical errors or typographical mistakes.
  • Arithmetic miscalculations.
  • Incorrect personal details (e.g., PAN, name, address).
  • Mismatch in TDS credits or advance tax payments.
  • Errors in tax computation due to overlooking mandatory provisions of law.

Note: If the error involves omission of income or claiming new deductions, a revised return should be filed instead of a rectification request.

Difference Between Rectification and Revised Return

  • Rectification: Used to correct mistakes apparent from the record in a processed return. It cannot be used to claim new deductions or report additional income.
  • Revised Return: Filed to correct omissions or wrong statements in the original return, including reporting additional income or claiming deductions missed earlier.

Made a Mistake in Your Filed ITR? File a Rectification Under Section 154

Who Can File a Rectification Request?

Taxpayers: If you identify a mistake in your processed ITR, you can file a rectification request.

Income Tax Authorities: The Assessing Officer (AO) or other tax authorities can also initiate rectification if they find an apparent mistake.

How to File a Rectification Request with Taxes Genie

Filing a rectification request is straightforward with Taxes Genie:

  • Log in to your Taxes Genie account.
  • Navigate to the 'Rectification Request' section.
  • Select the relevant assessment year and the type of rectification.
  • Provide the necessary details and upload supporting documents, if required.
  • Submit the request and complete the e-verification process.
  • Our tax experts are available to assist you at every step to ensure accuracy and compliance.

Orders Subject to Rectification

Under Section 154, the following orders can be rectified:

  • Any order passed under the provisions of the Income Tax Act.
  • Intimations or deemed intimations under Section 143(1).
  • Intimations under Section 200A(1) related to TDS statements.
  • Intimations under Section 206CB(1) related to TCS statements.

Note: If the order is subject to an appeal or revision, only the matters not considered in such proceedings can be rectified.

Time Limit for Filing Rectification

A rectification request must be filed within four years from the end of the financial year in which the order sought to be rectified was passed.

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FAQs on Income Tax Returns Filing

1. Can I withdraw a rectification request after submission?

No, once a rectification request is submitted, it cannot be withdrawn. However, if you realize an error in the submitted request, you can file another rectification request after the previous one is processed.

2. Can I change the assessment year in an already verified ITR?

No, changing the assessment year in a verified ITR is not permitted. If you've filed under the wrong assessment year, you may need to file a fresh return under the correct year, provided it's within the allowable time frame.

3. Can I file an appeal with the Commissioner of Income Tax (Appeals) after a rectification return?

Yes, if you're not satisfied with the rectification order, you can file an appeal with the Commissioner of Income Tax (Appeals) by submitting Form 35 online through the e-Filing portal.

4. I received an excess income tax refund. What should I do?

If you've received an excess refund, it's advisable to return the excess amount promptly. You can do this by paying the amount through Challan 280 and mentioning the details in a revised return or during the rectification process.

5. What if my tax refund is less than the amount claimed in the ITR?

If your refund is less than expected, review the intimation under Section 143(1) sent by the Income Tax Department. Discrepancies may arise due to adjustments or outstanding demands. If you disagree with the adjustments, you can file a rectification request under Section 154.

6. I'm getting an invalid CPC communication reference number while filing rectification. What should I do?

Ensure that you're entering the correct communication reference number from the latest intimation or order received. The number typically auto-populates after selecting the assessment year. If issues persist, verify the number from your records or contact the CPC for assistance.

7. How do I pay an outstanding demand under Section 154?

You can pay the outstanding demand using Challan 280 available on the TIN-NSDL website. Payments can be made via net banking, debit card, or other available options.

8. What is the time limit for filing a rectification under Section 154?

A rectification request must be filed within four years from the end of the financial year in which the order sought to be rectified was passed.

9. What is an intimation under Section 154?

An intimation under Section 154 is a communication from the Income Tax Department regarding the rectification of a mistake apparent from the record in a previously issued order.

10. What is the difference between a revised return and a rectification return?

A revised return under Section 139(5) allows you to correct errors or omissions in your original return before the assessment is completed or by December 31 of the relevant assessment year, whichever is earlier. A rectification under Section 154 is used to correct mistakes apparent from the record in the processed return or intimation.

11. Can I appeal against an intimation under Section 143(1)?

Yes, if you're aggrieved by the intimation under Section 143(1), you can file an appeal with the Commissioner of Income Tax (Appeals) by submitting Form 35 online.

12. Is the latest communication reference number required for submitting rectification under Section 154?

Yes, the latest communication reference number from the CPC order or intimation is required when submitting a rectification request. This number helps in identifying the specific order you wish to rectify.