Suppose I efile my return using ITR-2 before due date. If I detect some error in tax calculation after due date, can I efile a revised return with correct income tax details? I know this was possible earlier but not sure if the rules had changed starting AY 2018-19. Will I have to pay a file of Rs 5000 + interest for efiling revised return?
Provosion for efiling revised return for ay 2018-19
Replies (2)
You can file revised return without paying any penalty
Last Date to file Revise income tax Return for Assessment Year 2018-19 31st March’2019
There is no need to pay any penalties or interest.
There is no need to pay any penalties or interest.
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