Difference between Revised/Correction and Rectification of Income Tax Return

Sunday, January 9, 2011 | comments

Friends,  there are some major differences between Revised Income Tax Return or rectification in Income Tax Return.   Revised or correction return can be submitted before processing of return or before Intimation u/s 143 etc.   Where as rectification can be done after processing of return or after Intimation received u/s 143.  Out of many some differences are explained as under:-
  • Revised/Correction return can be submitted before processing of Income Tax Return.
  • Rectification can be submitted after processing of Income Tax Return.
  • Both are required XML File.
  • Rectification return requires Communication reference number of Latest CPC order.
  • Revised/Correction return requires Last Acknowledgement Number of original return.
  • CPC order date is also required for Rectification Return. 
  • Aggregate Income Tax Liability Amount is required for Rectification Return which is also  available in Intimation letter u/s 143.
  • Total Tax Credit Allowed Amount is also required for Rectification Return which is also  available in Intimation letter u/s 143.
  • Alphabet Character is available in CPC reference number  whereas Acknowledgement number is generated with Numeric Characters.
Picture of Rectification Return

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