The Income Tax (I-T) department has introduced a new ‘Discard ITR’ feature on its website, allowing taxpayers to discard their previously filed but unverified Income Tax Returns (ITR).
FAQs released by the income tax department address common queries and provide guidance on using the ‘Discard’ option effectively.
1. Can I Discard an Unverified ITR filed under 139(1)?
- Yes, users can discard ITRs filed under sections 139(1)/139(4)/139(5) if they choose not to verify. They can file a fresh ITR after discarding the previous unverified one.
- Caution: Discarding an ITR filed under section 139(1) and subsequently filing after the due date may attract penalties.
2. Is it Possible to Reverse a Discarded ITR?
No, once an ITR is discarded, it cannot be reversed. Users are advised to be vigilant when using the ‘Discard’ option, as it implies the ITR was not filed at all.
3. Where to Find the ‘Discard’ Option?
Users can find the ‘Discard’ option on the Income Tax portal by following this path: www.incometax.gov.in → Login → e-File → Income Tax Return → e-Verify ITR → “Discard.”
4. Is Filing a Subsequent ITR Mandatory After Discarding?
While not mandatory, users who have uploaded return data earlier and discarded an unverified return are generally expected to file a subsequent ITR.
5. Can I Discard an ITR if I Sent ITR V to CPC and it’s in Transit?
Users should not discard returns where ITR-V has been sent to CPC. An undertaking is required before discarding, emphasising caution.
6. When and How Many Times Can I Avail the ‘Discard’ Option?
Taxpayers can avail the ‘Discard’ option only if the ITR status is “unverified”/”Pending for verification.” There is no restriction on using it multiple times, with the precondition that the ITR status remains “Unverified”/”Pending for verification.”
7. Can I Discard a Pending Verification ITR for AY 2022-23?
Users can avail the ‘Discard’ option only from AY 2023-24 onwards for the respective ITR. This option is available until the specified time limit for filing ITR under sections 139(1)/139(4)/139(5), currently until 31st December of the respective assessment year.
8. Which section to select for Subsequent ITR After Discarding the Original ITR?
If a user discards the Original ITR filed under 139(1) after the due date, they should select 139(4) when filing the subsequent return. Since no prior valid return exists, the date of the original ITR and acknowledgement number fields are not applicable. For future revised returns, details of the “Original filing date” and “Acknowledgement number” of the valid ITR filed on 22nd August 2023 are needed.
For any clarifications/feedback on the topic, please contact the writer at ektha.surana@clear.in
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