ONLINE FILING OF REVISION OF ASSESSMENT ORDER U/S 264 OF INCOME TAX ACT,1961

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13 June 2022 PROCEDURE FOR ONLINE FILING OF REVISION OF ASSESSMENT ORDER U/S 264 OF INCOME TAX ACT,1961

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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09 July 2024 Filing a revision petition under section 264 of the Income Tax Act, 1961 allows taxpayers to request a revision of an assessment order if they believe it is erroneous and prejudicial to their interests. Here’s a step-by-step procedure for filing an online revision of assessment order under section 264:

### Step-by-Step Procedure:

1. **Login to e-Filing Portal:**
- Visit the Income Tax e-Filing Portal (https://www.incometaxindiaefiling.gov.in).
- Log in using your credentials (User ID, Password, and CAPTCHA code).

2. **Navigate to e-File:**
- After logging in, go to the 'e-File' tab on the dashboard.

3. **Select 'Rectification (u/s 264)' Option:**
- Under the 'e-File' tab, select 'Rectification (u/s 264)'.

4. **Details of the Application:**
- Enter the relevant details required for filing the revision application under section 264. This includes:
- PAN (Permanent Account Number).
- Assessment Year for which the revision is sought.
- Communication Reference Number (if any) of the original assessment order.
- Reasons for seeking revision (errors or issues in the assessment order).

5. **Upload Supporting Documents:**
- Upload necessary documents supporting your claim for revision. These may include:
- Copies of the original assessment order.
- Copies of relevant tax computation sheets.
- Any other documents that substantiate your claim.

**Submit the Application:**
- After filling in the required details and uploading documents, submit the revision application electronically.

**Acknowledgment and Reference Number:**
- Upon successful submission, you will receive an acknowledgment containing a unique acknowledgment number.
- This reference number is important for tracking the status of your revision application.

**Follow-Up and Communication:**
- Keep track of your application status regularly on the e-Filing portal.
- Respond promptly to any queries or requests for additional information from the Income Tax Department.

**Processing and Outcome:**
- The Income Tax Department will review your application and may issue a revised assessment order based on the merits of your case.
- If approved, you will receive a revised assessment order.
- If rejected, you will receive a communication explaining the reasons for rejection.

### Points to Note:
- Ensure all information provided is accurate and supported by relevant documents.
- Maintain a record of all communications and documents related to the revision application.
- Seek assistance from a tax professional or consultant if needed, especially for complex cases.

By following this procedure diligently, you can file for a revision of assessment under section 264 of the Income Tax Act effectively through the online e-Filing portal.

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