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Income Tax Department urges taxpayers with pending refunds to file revised returns by December 31, 2025 for corrections, possibly with extra tax.
Income Tax Refund (Representative image)
Income Tax Refund: The Income Tax Department has started sending SMS alerts and emails to some taxpayers whose income tax refunds are still pending, saying that the return is “under the risk management process” and advising taxpayers to file a revised income tax return (ITR) by December 31.
If you have filed the wrong ITR, then you can file a revised returns. However, you should do so before the belated ITR filing deadline for AY 2025-26, which is on December 31, 2025. There’s no limit on the number of revised returns, as long as they’re filed within this timeline. The last date to file a revised return is December 31, 2025.
You should also remember that your return hasn’t been processed so far. If it’s done, then you can’t file the revised return.
If the deadline is missed, any corrections will need to be made through an updated return, which may involve an additional tax liability.
How to File:
- Log in to the e-filing portal (incometax.gov.in).
- Go to “e-File” > “Income Tax Returns” > “File Income Tax Return.”
- Select “Revised u/s 139(5)” as the filing type.
- Enter the acknowledgment number and filing date of the original return.
- Choose the correct ITR form, update all details, and submit.
- E-verify the revised return using Aadhaar OTP, net banking, or digital signature within 30 days, or send the signed ITR-V to the Centralised Processing Centre (CPC) in Bengaluru.
Note: The original return must have been filed on time to file a revised return. Verify the original return first, as unverified returns cannot be revised.
File an Updated Return {Under Section 139(8A)}
If the deadline for a revised return (December 31, 2025) has lapsed, you can file an Updated Return (ITR-U) within 48 months from the end of the relevant financial year (i.e., by March 31, 2029, for FY 2024-25).
ITR-U allows corrections but may attract additional tax or penalties for underreported income. Consult a tax professional to assess the implications.
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December 25, 2025, 10:23 IST
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