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Original ITR processed whereas revised ITR still under processing

19 September 2023

Hello, i have filed my ITR on 20-Jul and i realize some mistake so i filed revised ITR on 22-Jul.My original ITR processed first and on 7th Aug i got refund and revised ITR which i filed on 22-Jul went under processing on 17th-Sep-2023 and still under processing on 19-Sep also.In revised refund is 10k less of original.can anyone let me know do i need to pay intrest also or income tax will adjust original minus revised return refund.

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8 Replies

CA Rakesh Ishi (Working at Private Company) (8200 Points)
Replied 19 September 2023

The processing of the revised ITR may take some time, and it will be based on the information provided in the revised return.

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Ragini Khulbe (13 Points)
Replied 19 September 2023

My question is that i have received the refund of my original ITR and revised ITR is still under processing and also amount is a bit less. After 2 month, will they charge any interest or i need to pay the original minus revised ITR gap.

CA Rakesh Ishi (Working at Private Company) (8200 Points)
Replied 19 September 2023

However, if your revised return results in an additional tax liability (i.e., you owe more taxes than initially reported), then interest may be calculated on the additional tax amount from the original due date of the return. The interest is typically calculated under Section 234B and Section 234C of the Income Tax Act.

Ragini Khulbe (13 Points)
Replied 19 September 2023

NO my revised return is less than original one.I got refund of my original ITR and revised is still under processing. IN original ITR by mistake some field were being filled which i realize after filling. Only difference in number of refund of original and revised one.Taxes in original and revised will remain same just some allowance were by mistake i filed in original which i have corrected in Revised one and difference is 15k

Ashwin Kumar (CA ipcc) (449 Points)
Replied 20 September 2023

Difference in income or difference in refund ?

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Ragini Khulbe (13 Points)
Replied 20 September 2023

Difference in refund i am talking about

Ragini Khulbe (13 Points)
Replied 20 September 2023

If i got 25k of refund including interest from income tax side in original and in revise that be 5k then i need to pay 20k difference or more?I am talking about difference in refund

Ashwin Kumar (CA ipcc) (449 Points)
Replied 20 September 2023

Yes. Once the revised return is processed. you will receive a deman notice. Please pay the tax and reply it with the challan details. make sure to choose the appropriate assessment year.