Income tax notification
1. ITR-1, ITR-2 & ITR-4 for AY 2026–27 is now live! Excel utilities, online and Offline filing are enabled on the e-Filing portal.
2. Offline Utility for Form 145 and Form 146 has been enabled on the e-Filing Portal. Users can download, fill, and submit the forms directly through the utility available under Income Tax Act 2025.
3. Form No. 105 (earlier Form No. 10AB) is now available for e-Filing.
4. The Income Tax Act, 1961 stands repealed effective 01.04.2026, pursuant to Section 536 of the Income Tax Act, 2025.
5. New challan forms are live on e-Filing portal for tax payments under the Income Tax Act, 2025. Users are advised to make payments using the new challans only for Tax Year 2026-27.
6. From 1st April 2026, Forms under Income Tax Act, 2025 will be available on the e-Filing Portal. Please select correct form to ensure compliance as per applicable Act.
7. Forms applicable for Assessment Year 2026–27 are available under "Forms as per Income-tax Act, 1961" on the e-Filing portal from 1 April 2026.
A Revised Return is a corrected Income Tax Return filed after submitting the original return. It allows taxpayers to rectify errors, omissions, or incorrect information reported in the previously filed return.
The revised return replaces the original return completely. Once accepted, the latest revised return becomes the valid return for that assessment year.Taxpayers can revise their return if they discover mistakes in income details, deductions, tax payments, TDS credits, bank account information, or other filing particulars.
Mistakes can happen while filing an Income Tax Return. You may enter incorrect income details, miss a deduction, forget to report interest income, or claim the wrong tax credit. The Income Tax Department allows taxpayers to correct such mistakes by filing a Revised Return.
A revised return helps you update and correct information submitted in your original Income Tax Return. Filing a corrected return ensures accurate tax records and reduces the risk of notices, penalties, or future disputes.
Filing a revised return helps taxpayers correct mistakes made in the original return and ensures accurate tax compliance.
Any taxpayer who has already filed an Income Tax Return can file a revised return if errors are discovered later.
TaxAbide provides complete assistance in revised return filing with expert review and error-free submission support.
If your return has any mistake, filing a revised return helps you stay compliant and avoid future issues. TaxAbide ensures smooth and accurate filing support.
Get in touch with TaxAbide today and keep your tax records accurate and compliant.
