File Revised Income tax return online
Revise your ITR if you have made any mistake or forgot to declare correct details.
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Filed your ITR but missed reporting some income or made an error? The Income Tax Department gives you a second chance through the Revised ITR. If you realise a mistake after filing your original return, whether it is incorrect income details, missed deductions or wrong bank account numbers, you can correct it by submitting a revised return within the permitted time.
This guide explains when and how to file a revised ITR, who can file it, what changes can be made and what to keep in mind to avoid scrutiny or penalties. Whether you are a salaried employee, a business owner or an NRI, understanding the revised return process is essential for staying compliant and avoiding unnecessary tax complications.
What is a Revised Income Tax Return?
A revised income tax return under Section 139(5) allows taxpayers to correct any errors, omissions, or inaccuracies in their original return. Whether it’s a misreported income, an incorrect deduction claim or any other mistake, a revised return gives you a second chance to get it right.
Section 139(5) – If any person, having furnished a return under sub-section (1) or sub-section (4), discovers any omission or any wrong statement therein, he may furnish a revised return at any time before three months prior to the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.
When to file a Revised ITR?
If income was underreported or overstated in the original ITR
If deductions or exemptions were missed or claimed incorrectly
If wrong ITR form was used
If any bank account or personal details were entered incorrectly
If TDS credits were not properly claimed
If income from other sources like interest, capital gains, or foreign income was missed
If there was a mismatch between Form 26AS or AIS and the filed return
If any updated documents or revised statements were received after filing
If the original return was filed under the wrong section
If any clerical or typographical error needs correction
Who can file a Revised ITR?
Every taxpayer who has filed an original return under Section 139(1) or a belated return under Section 139(4) can file a revised return under Section 139(5). The revised return can be filed before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.
What is the last date to file a Revised Return?
The last date to file a revised return is the earlier of either 31st December of the assessment year or the completion of the assessment by the income tax authorities.
For example, if you are revising your return for FY 2024-2025 (AY 2025-2026), you would need to do so by 31st December 2025.
Steps to File a Revised Income Tax Return
Login to Income Tax Portal
Go to www.incometax.gov.in/iec/foportal/ and log in using your PAN and password.Go to File Income Tax Return
On the dashboard, click on e-File > Income Tax Return > File Income Tax Return.Assessment Year Selection
Choose the correct Assessment Year for which you want to revise the return (for FY 2024-25, select AY 2025-26).Select Online or Offline Mode
Choose between online or offline upload.Choose Revised Return Option
Select ‘Revised Return under section 139(5)’
Enter Acknowledgement Number and Date of Original ITR filed
Edit the Return
Make the necessary changes or corrections to income details, deductions, TDS or any other field.Recalculate Tax and Validate
Use the portal to auto-calculate tax and validate all entries.Submit Return
After reviewing all details, submit the revised return.Verify the Return
E-verify using Aadhaar OTP, net banking, digital signature, or other options. This step is mandatory to complete filing.Acknowledgement
Download the revised ITR-V acknowledgement for your records.
You can file multiple revised returns until the deadline, but always use the latest acknowledgement number in each revision.
What happens if Revised Income Tax Return is not filed?
Mistakes in the original return remain uncorrected
Additional tax liability may go unnoticed and lead to interest or penalty
Missed deductions or TDS credits cannot be claimed later
Risk of notice or scrutiny from the Income Tax Department increases
Refund claims may be rejected or delayed
Incorrect return may impact loan, visa or financial approvals
In case of underreported income, penalty under section 270A may apply
Cannot revise the return once the deadline under section 139(5) passes
Inaccurate ITR may create compliance issues in future years
Important things to Remember When Filing a Revised Income Tax Return
Revised return can be filed only if the original ITR was filed before the due date
Use the same PAN, assessment year and filing section details
Mention the correct original ITR acknowledgment number and filing date
File the revised return within the time limit under section 139(5)
Make sure all corrections are accurate and verifiable
Recalculate tax liability after making changes
E-verify the revised return to complete the filing process
Keep a copy of the revised ITR-V for records
Multiple revisions are allowed within the deadline if new mistakes are found
Looking for help?
Let A R Dhorajiya & Co. handle your Revised ITR Filing with complete accuracy and compliance. Whether it is missed income, wrong deductions or form errors, we ensure timely correction and smooth filing.
Contact us today at +91 9769647582 for a consultation or to get started with your ITR filing
Frequently Asked Questions (FAQs)
You can correct mistakes in your income tax return by filing a revised return under Section 139(5) of the Income Tax Act.
You can file a revised return for the assessment year 2024-2025 on or before December 31, 2024, or before the completion of the assessment of the original return, whichever is earlier.
You can file a revised return for the assessment year 2025-2026 on or before December 31, 2025 or before the completion of the assessment of the original return, whichever is earlier.
If your revised return contains errors, you can file another revised return within the specified time limit to correct them.
Yes, the revised ITR must be e-verified within 30 days to complete the ITR filing process.
There is no specified limit on the number of times you can revise your return. However, it is advisable to make all necessary corrections in a single revision.
A defective return can be corrected by filing a revised return or by responding to a defective notice issued by the tax department.
Yes, a revised return completely replaces the original return and becomes the final return submitted by the taxpayer.
While you cannot cancel a revised return, you can file another revised return to correct any errors, provided it is within the deadline. Alternatively, skipping the e-verification can prevent processing by the department.
Yes, a belated return can be revised any number of times.
The processing time for a revised return typically mirrors that of the original return, averaging around 10-15 days after e-verification.
Yes, you can file a revised return immediately upon discovering any omission or incorrect statement in your original or belated return.
No, there is no penalty for filing a revised return under Section 139(5).
Yes, you can still file a revised return even after receiving an intimation under Section 143(1).
Yes, it is advisable to file a revised ITR to declare any unreported income or gains. Failing to do so may result in penalties, notices, or legal action.
Section 139(5) allows taxpayers to file a revised income tax return to correct errors or omissions in the originally filed return.
No, once the assessment is completed under Section 143(3), a revised return cannot be filed.
Yes, a revised return can be used to update personal details such as contact information or bank account details.
The last date to file a revised return is December 31st of the relevant assessment year or before the completion of the assessment, whichever is earlier.
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