Revised Return under Section 139(5) — Correcting an Already-Filed ITR
Any ITR filed under Section 139(1) or 139(4) can be revised any number of times before 31 December of AY. Revised return replaces the original entirely — refund/liability recomputed. Only genuine errors qualify; wilful concealment attracts penalty under Section 270A.
- Deadline: 31 December of AY
- Any number of revisions allowed
- New ITR replaces old entirely
- Late fee not re-charged on revision
- Discovered concealment: Section 270A 50%–200% penalty
Definition
Revised Return
What is Revised Return?
Any ITR filed under Section 139(1) or 139(4) can be revised any number of times before 31 December of AY. Revised return replaces the original entirely — refund/liability recomputed. Only genuine errors qualify; wilful concealment attracts penalty under Section 270A.
Key rules to remember
- Deadline: 31 December of AY
- Any number of revisions allowed
- New ITR replaces old entirely
- Late fee not re-charged on revision
- Discovered concealment: Section 270A 50%–200% penalty
Worked example
Filed ITR-1 in July with ₹18L salary; forgot ₹42k dividend from AIS. Revised in October adding dividend + ₹12k tax → 234B/234C interest ~₹800. No penalty as voluntary revision.
Which ITR form applies
- ITR-1 (Sahaj) — Up to ₹50 lakh total income
- ITR-2 — No upper limit
- ITR-3 — No upper limit
- ITR-4 (Sugam) — 44AD ₹3 Cr (digital) / 44ADA ₹75L / 44AE per vehicle
- ITR-5 — No upper limit
- ITR-6 — No upper limit
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Frequently asked questions
Frequently asked questions
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Related reading
- Which ITR Form Should You File in 2025? Complete Guide (ITR-1 to ITR-4)
- Which ITR Form Should You File in 2026? (ITR-1 to ITR-7 Explained)
- ITR-1, ITR-2, ITR-3, ITR-4 — Which Form Do You Actually Need to File?
- ITR Filing Last Date FY 2024-25 (AY 2025-26) — Complete Guide
- Missed the ITR Deadline? Penalty, Interest and the Belated Return Playbook
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