Income Tax Refund: Can I revise my ITR after December 31? Learn the Income Tax Department’s rules.

Income Tax Refund 2025: If your ITR refund hasn’t arrived yet, check it again. If you made any mistakes while filing your ITR, you can correct them.

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Income Tax Refund: The year 2025 is about to end, and many people still haven’t received their refunds. The Income Tax Department is sending alert messages to taxpayers who filed ITRs using false or forged receipts, giving them a chance to correct their returns. Consequently, many people are wondering whether ITRs can be revised after December 31st. Let’s explore the Income Tax Department’s rules and experts’ opinions.

Can ITRs be corrected after December 31st?

Taxpayers often file fake ITRs under the influence of others, while others make mistakes while filing. In both cases, the taxpayer’s refund gets stuck. The question now is whether ITRs can be corrected?

Section 139(5) of the Income Tax Act provides an opportunity to file a revised or delayed income tax return (ITR). Taxpayers can correct any errors in their returns, however, until December 31st. After that, no amendments to the return are permitted. Therefore, all taxpayers should file their ITRs promptly.

What do experts say about ITR correction?

Regarding ITR correction, Sudhakar Sethuraman, partner at Deloitte India, said that filing revised or delayed returns after December 31st is not permitted.

Mihir Tanna (SK Patodia & Associates LLP) explained that technically, revisions are not possible after December 31st. However, taxpayers can file updated returns provided the amnesty application is accepted. However, before filing updated returns, taxpayers will have to pay additional tax and interest on undisclosed income.

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