Made a Mistake in Your ITR? Here is How to Revise Your ITR

Made a Mistake in Your ITR? Here is How to Revise Your ITR

Filing a correct Income Tax Return (ITR) is an important responsibility of all taxpayers. But sometimes, the taxpayers unintentionally make errors, such as entering wrong personal details, forgetting to report some income, or missing out on a deduction. The good news is you can correct these errors. Section 139(5) of the Income Tax Act allows taxpayers to revise their ITR and make necessary corrections by filing a revised return, but within the allowed time period.