If you’ve ever wondered how many times ITR can be revised after submitting your original Income Tax Return, you’re not alone. Many taxpayers worry about making mistakes in their ITR and whether they will be stuck with errors forever. The good news is that the Income Tax Department allows taxpayers to revise their ITRs multiple times, provided they follow the ITR revision rules and meet the deadlines.
Knowing how many times ITR can be revised is vital because it gives you the flexibility to correct errors, claim missed deductions, or update any incorrect details in your original return. This helps avoid penalties, interest, or scrutiny from tax authorities. In this detailed guide, we will explore everything you need to know about how many times ITR can be revised, the number of revisions allowed, and the latest guidelines under the Income Tax Act applicable in 2025.
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What is a Revised ITR?
A Revised Income Tax Return (ITR) is a return filed to correct errors or omissions in the originally filed ITR. As per Section 139(5) of the Income Tax Act, 1961, a taxpayer has the right to submit a revised ITR to ensure that the information submitted to the tax department is accurate and complete.
The key difference between an original ITR and a revised ITR is that the revised ITR replaces the original return. It is not treated as a separate filing but as an amendment to the initial submission. This means once the revised ITR is accepted, it becomes the valid return for that financial year.
Understanding what a revised ITR is helps clarify why knowing how many times ITR can be revised is so important. It empowers taxpayers to correct their returns multiple times if necessary, ensuring accuracy and compliance.
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When and Why Do You Need to Revise Your ITR?
Many taxpayers are unsure about when they should file a revised ITR. Here are the common reasons why you might need to file a revised return:
- Misreported Income: If you forgot to report some income or reported it incorrectly, a revised ITR can help fix this.
- Missed Deductions or Exemptions: Sometimes taxpayers miss claiming deductions like Section 80C investments, leading to higher taxable income. A revision allows you to claim these.
- Incorrect Personal or Bank Information: Errors in your PAN, Aadhaar, or bank details need correction to avoid refund delays.
- Wrong ITR Form Selection: Selecting the wrong form (e.g., ITR-1 instead of ITR-2) can be corrected by filing a revised return.
Real-life examples include taxpayers who realize they did not include their rental income or forgot to claim a deduction for education loan interest. In such cases, revising the ITR is essential to prevent issues during assessment.
Knowing how many times ITR can be revised lets you make these corrections without fear of penalties, as long as you meet the deadline.
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How Many Times ITR Can Be Revised?
So, how many times ITR can be revised? Legally, there is no limit on the number of times you can revise your Income Tax Return. The Income Tax Act allows taxpayers to file multiple revised returns before the prescribed deadline, giving ample opportunity to correct any errors.
However, there are some important points to remember:
- All revisions must be filed before 31st December of the relevant Assessment Year (AY).
- Alternatively, you must file before the completion of the assessment by the Income Tax Department, whichever comes first.
- After this deadline, no further revisions are permitted.
- Filing a revised ITR after the deadline is not valid and may attract penalties.
- Even belated returns are eligible for revision within these timelines.
In summary, the number of revisions allowed is unlimited as long as you comply with the deadline and other procedural rules.
ITR Revision Rules You Should Know (2025 Update)
The ITR revision rules are updated regularly to reflect changes in tax law and procedure. For 2025, the key rules include:
- The final deadline for filing a revised ITR for AY 2025–26 is 31st December 2025.
- You can revise both original and belated returns before this date.
- There is no penalty for filing a revised return within the deadline.
- The government differentiates between a revised return and an updated return. Updated returns are filed after the scrutiny process starts, primarily to add omitted income.
- Restrictions under Section 148A apply for revising returns after notice under certain conditions.
- Ensure you file the revised return using the correct ITR form applicable to your income sources.
Being familiar with these ITR revision rules is essential to ensure your revisions are accepted without hassle.
Step-by-Step Guide to Filing a Revised ITR
Here’s a detailed guide to help you file a revised ITR smoothly:
Before you start:
- Your original ITR must be filed.
- Keep your original ITR acknowledgment number and filing date ready.
How to file a revised ITR:
- Visit the official Income Tax e-Filing portal.
- Log in using your PAN and password.
- Navigate to “e-File” and select “Income Tax Return.”
- Choose the “Revised Return” option.
- Select the relevant Assessment Year.
- Fill in the corrected information in the applicable ITR form.
- Upload any supporting documents if required.
- Submit the revised return.
- Complete the e-verification process using Aadhaar OTP, net banking, or other methods.
Following these steps ensures your revised return is filed correctly and on time. Remember, e-verification is crucial for your revised ITR to be accepted.
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Common Mistakes to Avoid While Revising ITR
When revising your ITR, avoid these common pitfalls:
- Filing a revised return without actually correcting the original mistake.
- Not updating Form 26AS or other tax credit statements (AIS/TIS) before filing.
- Forgetting to complete the e-verification process, leading to return rejection.
- Submitting the wrong ITR form again in the revised return.
- Ignoring the deadline for revision and filing too late.
By steering clear of these mistakes, you can use the benefit of knowing how many times ITR can be revised without facing complications.
Why Accuracy in Tax Filing Matters
Filing your ITR accurately is more than just a legal formality. It directly impacts your:
- Financial credibility: Banks and financial institutions verify your ITR for loans, credit cards, or visas.
- Avoidance of scrutiny: Accurate returns reduce the risk of audits and notices from the tax department.
- Faster refunds: Correct information speeds up refund processing without unnecessary delays.
- Peace of mind: Knowing that your tax filing is error-free helps you avoid stress and legal complications.
Taking advantage of the flexibility in how many times ITR can be revised allows you to maintain this accuracy.
Final Thoughts
If you find any errors in your Income Tax Return, remember that the tax laws allow you to revise your return multiple times before the deadline. Delaying these corrections could result in unnecessary penalties or complications.
Stay informed about the ITR revision rules every year, especially deadlines like 31st December, so you can make timely corrections. Filing a revised ITR ensures your tax records are accurate and your financial health remains intact.
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Frequently Asked Questions (FAQs)
Q1. How many times can I revise my ITR?
You can revise your ITR an unlimited number of times, provided you file the revised return before the deadline of 31st December of the relevant AY or before assessment completion.
Q2. Can a revised ITR be filed multiple times?
Yes, multiple revisions are allowed under the law as long as they comply with the prescribed deadlines.
Q3. What is the deadline for revising ITR?
The deadline is 31st December of the relevant Assessment Year or before the completion of assessment, whichever is earlier.
Q4. Can I revise my ITR after receiving a refund?
Yes, but revisions must still be within the deadline. Refunds may be adjusted based on revised details.
Q5. Will I be penalized for filing multiple revised returns?
No, there is no penalty for multiple revisions if filed within the deadline.
Q6. Can I change the ITR form while revising?
Yes, you can correct the ITR form type in your revised return.
Q7. Are belated returns eligible for revision?
Yes, belated returns can also be revised before the deadline.
Q8. What happens if I miss the revision deadline?
You will not be able to revise your ITR after the deadline, and any errors will remain uncorrected, potentially causing penalties or notices.
More Information: https://taxinformation.cbic.gov.in/
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