Wed Dec 31 05:10:00 UTC 2025: News Article:
Taxpayers Urged to Verify Revised Income Tax Returns Before Deadline to Avoid Penalties
[City, State] – With the December 31st deadline looming for taxpayers to file revised income tax returns (ITR) for Assessment Year 2025-26 (filed on Sept. 16th), tax experts are urging individuals to ensure their revised returns are properly verified to avoid potential penalties and ensure accurate processing.
Filing an ITR can be complex, and errors are common. While the tax system allows for corrections through revised returns, these revisions must be verified to be valid. According to experts, failing to verify a revised ITR, either online or by submitting a signed ITR-V form, renders the return invalid, as if it were never filed.
“Every new return shall be termed a new return, and without verification, none shall be termed valid returns, regardless of how the previous returns were verified,” says Siddharth Maurya, Founder of Vibhavangal Anukulakara.
Suraj Singh, Founder of S D Singh & Associates, emphasizes that the Income Tax Department will only process the original return if the revised return remains unverified. “Any changes made in the revised filing will not be taken into account,” Singh stated.
The verification process for a revised ITR mirrors that of the original, with taxpayers having 30 days from the date of filing to complete the verification. Missing this deadline invalidates the revised return, according to Manish Golyan, Partner at Gupta Jai & Company.
Taxpayers who have filed revised ITRs for Assessment Year 2025-26 are strongly encouraged to verify their returns immediately to ensure compliance and avoid any potential complications with the Income Tax Department.
(This article is based on expert opinions and serves as a reminder for taxpayers. For specific guidance, consult with a qualified tax professional.)
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