India's tax department stresses accurate ITR filing and correction steps

During the current income‑tax filing season, India’s Income Tax Department warns taxpayers to avoid common mistakes such as using the wrong ITR form, omitting income, misreporting capital‑gains, failing to e‑verify returns, overlooking AIS/Form 26AS differences, and not reporting foreign assets. Errors can trigger notices, delayed refunds or additional scrutiny, so the department advises careful document preparation and verification.

Taxpayers may revise a return up to 31 December of the assessment year (extended to 31 March in some cases). After assessment, a revised return is no longer allowed; instead, an ITR‑U can be filed up to 48 months after the end of the assessment year to correct undisclosed income. The revision process requires logging into the tax portal, selecting the revision option, entering the original acknowledgment details, making corrections, and e‑verifying the updated return.