Errors in ITR? Revise, rectify or update

FILING INCOME TAX Return (ITR) isa task that most taxpayers approach with a mix of diligence and anxiety.

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Even with the best of intentions, mistakes slip through—filling in wrong address, a forgotten deduction, or an inadvertent under-reporting. Others discover discrepancies between their return and the figures in Form 26AS or the Annual Information Statement (AIS) that were prefilled in the income tax forms.The good news is that the law recognises that taxpayers are human and provides ways to correct these errors.

Revised return