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Filing revised return

Anantamoorti B P (Student CA Final ) (63 Points)

06 July 2013

Hi All,

An assessee( salaried employee) has filed his IT return for A Y 2012-13 ( for F Y 2011-12) within due date manually by considering the income, exemptions & TDS as shown in for 16. But TDS as per 26AS is not matching with form 16 for that A Y. My question is

Can he file the revised return now electronically to claim the exemptions for transport allowance & HRA which were not considered in for 16 as well as in original manual return.?
If he files revised return now will he get the refund ( TDS as per for 16 & 26AS are not matching) ?

Pls clarify

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4 Replies

CA CS Roshan Begrajka (Chartered Accountants) (267 Points)
Replied 06 July 2013

if the assessee has filed return u/s 139(1) i.e. on time then u can revised his return and TDS amount must be match with 26AS otherwise only amount shown in 26AS is considered as TDS amount and ur refund/Payable is determined based on 26AS statement.

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CA Momin Owais Ahmed (Audit Manager) (154 Points)
Replied 06 July 2013

You can claim deduction of HRA & other if any, but you can't revise it electronically

Anantamoorti B P (Student CA Final ) (63 Points)
Replied 06 July 2013

Thank You.

One more Question. Lets assume that he will not file the revised return. Can the IT department raise demand due to the mismatch of TDS? (In origional manual return he has claimed TDS of 23800 say, which is as per form 16. but actual TDS as per 26AS is only 8000+)