21 July 2022
I had recently filed ITR for AY22-23 with a total Tax due of around INR 20K by clicking on "Pay later". In fact, I was not factually aware that this may lead to default in return, and wanted to recheck the due amount before payment. This due Tax amount of INR 20K was then later paid by me a day later after filing of ITR. The challan has still not got updated in the income tax e-portal, as of now (about 7 days post filing return)
My questions are:-
1) Will the challan details get updated in the income tax portal against my PAN and generally how long does it take for this to happen.
2) Is there any procedure to update my challan post ITR filing.
2) Do I need to file revised return or it is not needed. There is no mistake in ITR, only it was filed with due Tax amount, which has been paid a day after filing return.
21 July 2022
1. This time its uncertain. Otherwise it used to take maximum week's time. 2. No, wait till any communication from CPC. 3. Even if you wish to file revised return, wait till the SAT paid challan gets uploaded to the system.
21 July 2022
Thanks, Sir for your valuable expert advice, as always-
Regarding point 3), I would be grateful if you could clarify.
Is it necessary to file revised return, or it is not needed ?
Also, I fail to understand why the "pay later" option is there in e-portal, if any return filed without payment of "due taxes" may get treated as a defective return, which I only found out later after reading some articles over the web-site.
21 July 2022
Thanks indeed Sir. Your knowledge is indeed superb and you are doing a great service to ordinary citizens like us, still trying to get a knack of our IT systems.
As the paid challan has still not got updated on the income tax portal and also I cannot find challan status details on the NSDL site, I am thinking of filing revised return and updating the paid challan details manually in the ITR form during refiling. Please let me know- 1) What is the last date for refiling. Does it need to be filed before 31/07/2022 ? 2) You have already confirmed earlier that refiling is not mandatory. Is my understanding correct ?
22 July 2022
1. Last date for filing revised return is 31.03.2023. (For AY 2022-23) 2. Yes, not necessary as of now. Wait for any communication from CPC.
CAclubindia
