How to Revise or Rectify Business ITR A.Y. 2025

To revise or rectify your Business Income Tax Return (ITR) for Assessment Year (A.Y.) 2025-26, here’s a detailed step-by-step guide based on the latest Income Tax laws and portal procedures in India:

✅ 1. Understand the Need
You should revise or rectify your business ITR if:

You made an error in original filing (like wrong income, deductions, bank details, etc.).

You missed reporting some income or expenses.

You chose the wrong ITR form.

The IT Department sent a notice pointing out mistakes.

You filed with wrong presumptive vs regular business income status.

✅ 2. Check Eligibility & Time Limit
🔁 Revised Return (u/s 139(5))
Can be filed any number of times before 31st December 2025 (for A.Y. 2025-26) or before the completion of assessment, whichever is earlier.

Applicable only if the original return was filed on time (i.e., under section 139(1)).

🛠️ Rectification (u/s 154)
Done after processing under section 143(1).

Applies to mistakes apparent from record (e.g., wrong TDS, mismatch in income).

You must wait until you receive an intimation from the IT Department before filing rectification.

✅ 3. How to File a Revised ITR
🔹 Step-by-Step:
Login to Income Tax Portal

Go to e-File > Income Tax Return > File Income Tax Return

Select:

Assessment Year: 2025–26

Filing Type: Revised Return

Return Filing Section: 139(5)

Provide Acknowledgement Number and Date of the original return

Select the appropriate ITR form (ITR-3, ITR-4, etc.)

Correct the mistakes and submit with updated figures.

e-Verify the return using Aadhaar OTP, EVC, or DSC.

✅ 4. How to File a Rectification Request
🔹 Pre-conditions:
Your original return must be processed and you must have received Intimation u/s 143(1).

File rectification only if it is a clear mistake (e.g., miscalculated tax, missed TDS).

🔹 Step-by-Step:
Login to Income Tax Portal

Go to Services > Rectification > New Request

Choose:

Assessment Year: 2025–26

Type: "Return data correction (Online)" or "Only Reprocess the Return"

Make the necessary corrections or choose reprocessing

Submit and track status under the "Rectification Status" tab

📄 Documents You May Need
Original ITR and acknowledgment number

Updated financial statements or profit & loss account

Bank statements or corrected TDS certificates

Books of accounts or audit report (if applicable)

🚨 Key Points to Remember
File revised return before 31 Dec 2025

You cannot revise a return if the original was filed late

Rectification is only for clear and apparent errors

Audit implications may arise in case of significant changes