An analytical look at the most frequent Income-tax Return errors taxpayers make — and the correct statutory remedies under the Income-tax Act 1961 and CBDT guidelines.
Choosing an incorrect return form (for example filing ITR-1 when there is capital gains or multiple house property) may render the return defective under Section 139(9).
Fix: Identify the correct form based on income sources and file a revised return under Section 139(5) within the permitted time. (See: Income Tax Department — ITR Forms)
Discrepancies between tax credits in Form 26AS or AIS and declared return figures commonly trigger automated adjustments and notices under Section 143(1).
Fix: Verify Form 26AS and AIS on incometax.gov.in before filing. If errors are discovered post-filing, either file a revised return where permitted or respond to CPC notices with documentary evidence.
An uploaded return that is not e-verified within 30 days is treated as not filed. (Refer: Rule 12 of the Income-tax Rules.)
Fix: E-verify immediately using Aadhaar OTP, net banking, or other methods. If verification deadline is missed, consider remedial options as set out in relevant CBDT instructions.
Refund delays commonly stem from incorrect IFSC or unvalidated bank accounts. Pre-validation of bank details is mandatory for timely refunds. (CBDT guidance and portal instructions apply.)
Fix: Validate bank account details under “Profile → My Bank Accounts” on the e-file portal and update if required. Use the portal’s refund status utilities to track re-issue.
Failure to disclose foreign assets or income may attract penalties under the Black Money (Undisclosed Foreign Income and Assets) and relevant Income-tax provisions.
Fix: Disclose foreign assets and income in Schedule FA of the applicable ITR form. If omitted, file a revised return at the earliest and consult a tax professional regarding explanatory submissions to the tax authorities.
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