Wrong ITR Filed? Fix It Free Before 31 March
If you made a mistake in your income tax return — wrong income, missed deduction, or wrong bank account — you can file a revised return for free before 31 March 2026. No penalty, no questions asked.
One wrong PAN entry in your ITR can delay your ₹15,000 refund by 6+ months
Your deadline to fix ITR mistakes without any penalty
Key Takeaways
Log in to incometax.gov.in, go to 'e-File > Income Tax Returns > File Revised Return' and select the original ITR acknowledgement number.
Check your Form 26AS and AIS (Annual Information Statement) to spot any income you may have missed — employer TDS, bank FD interest, or dividend income.
If you already got a refund but filed incorrect figures, revise immediately — underreporting income discovered later can attract 200% penalty under Section 270A.
If you made a mistake in your income tax return — wrong income, missed deduction, or wrong bank account — you can file a revised return for free before 31 March 2026. No penalty, no questions asked.
Here's what happened: Taxpayers can file a revised ITR under Section 139(5) to correct any mistake or omission in the original return.. The revision deadline is 31 March of the relevant assessment year — even if you already received your refund.. Common fixable errors include wrong income figures, missed 80C deductions, incorrect bank details, or unreported interest income..
What you should do: Log in to incometax.gov.in, go to 'e-File > Income Tax Returns > File Revised Return' and select the original ITR acknowledgement number.. Check your Form 26AS and AIS (Annual Information Statement) to spot any income you may have missed — employer TDS, bank FD interest, or dividend income.. If you already got a refund but filed incorrect figures, revise immediately — underreporting income discovered later can attract 200% penalty under Section 270A..
Even if your revised return reduces your refund or creates a tax demand, filing it voluntarily protects you from scrutiny — the IT department treats self-correction far more leniently than errors they catch first.
File Your Revised ITR
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- [1]“Made a mistake in your tax return? Here's how to correct it even after receiving a refund” mint - money · 21 Jun 2026
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