Eligibility for Revised Income Tax Return And Its Due Date [Amended]

A taxpayer is allowed to revised one’s income tax return under Section 139 (5) of the income tax act, 1961

1. Eligibility: Those who filed ITR on, before or after 31st July 2022 are eligible for filing a revised ITR.
2. Income tax rule on revised ITR filing: Section 139 (5) of the income tax act allows an income tax payer to revise one’s income tax return.
3. Deadline for revised ITR filing: A taxpayer can file a revised income tax return prior to completion of three months of the assessment year.
4. Due dates for ITR filing for AY : Due date for unaudited ITR filing is 31st July 2022 whereas due date for audited ITR filing  is 31st October 2022.