Wrong income stated in belated return filed.

CA Nazia Shaikh (student) (174 Points)

30 September 2013  

Hi,

I have filed my Income tax return for AY 2013-14 ON 28TH September 2013, the due date for the same was 31st July. Thus as it is a belated return and I am aware that it cannot be revised.

In the return i have entered Income from Other Sources - Interest Income(IFOS) as 88600, instead of correct amount 58600. The above was a plain typing error. But in haste I validated the return and tax payable is shown as 3460! This goof up I noticed only on opening the ITR-V for printing purpose. The above return was signed by a digital signature.

Although as per an amendment , AY 2013-14 onwards an Income tax return cannot be filed when it shows tax payable, but still in my case the same got validated, xml was generated and I was able to upload the return without any glitches!!

Please tell me what is the solution for my problem. Can I go for rectification?. But even for that I will have to wait for an intimation from CPC. Are there any other options for me?

Thanks