FILING OF REVISED ITRs

FILING OF REVISED RETURNS OF EARLIER YEAR (FIN YEAR 2015-16)

      In continuation of our endeavour in guiding and helping veterans through our web posts on Filing of Income Tax Returns and claiming rebate on the old arrears received during the Fin Year, we bring in a happy news for those veterans who missed out the Rebate in their last years return (FY 2015-16). There were large amount of arrears (Around Rs 4 Lakhs) we received during the said Financial Year, and high rebates amounting to Rs 10000 to 60000/- accrued for  veterans who took care to work with our "DO IT YOURSELF SOLUTIONS' giving you Primary School simple methods. 

         In case you did not claim the rebate and paid high income tax for the Fin Year -  2015-16  on pension and arrears received, which actually pertained to earlier years when the tax rates were low and our earnings small, here is a chance for you to correct your mistake committed out of ignorance of rules or lethargy. (CONTD)

       You will be happy to know that under the provisions of Income Tax Act Sec 139(5) you can still file a revised return by 31st March 2018 for the Assessment Year 2016-17 and claim the rebate,  provided you had filed the said return before 31 Aug 2016. We place on record our thanks to our friend who has provided the inputs for this web post for the benefit of our veterans.

        
       HOW TO - Follow the guidelines as given in Our Post link given at  serial 2 below (RELIEF IN INCOME TAX ON ARREARS RECEIVED DURING FY 2015-16) in succeeding paragraphs to prepare your FORM 10 E and claim rebate in your revised return. 

NOTE :- If you wish to save some money obviously only you and you only need to put in own efforts. We at Signals Parivaar can only place guidelines and simplified methodology which is understandable even by a lay man, so well refined and finalised with help from experts and consultants in this field to reach you through our web posts. Its your hard earned money and you are at liberty to give it away to the Income Tax Department

  

FILING OF REVISED RETURN - PROVISIONS

    There are provisions in the Income tax Act  quoted above to file a revised return even if your earlier return has been verified and stand settled within the time limit which is still open for you.  PLEASE READ COMPLETE DETAILS ON REVISED RETURN -- CLICK HERE TO READ - FILING OF REVISED ITRs

FILING OF ITR FOR THE ASSESSMENT YEAR 2017-18

ONCE YOU HAVE FINISHED REVISION OF THE SAID ITR OF FY 2015-16, YOU SHOULD THEN TAKE TO WORK ON THE CURRENT ITR (FY 2016-17) BASED ON THE GUIDELINES GIVEN IN OUR POST http://signals-parivaar.blogspot.in/2017/01/relief-on-income-tax-for-arrears-fy.html  AND CLAIMING RELIEF ON ARREARS RECEIVED ON OROP, 7 CPC AND PMR (WHERE APPLICABLE)

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OUR OTHER POSTS ON INCOME TAX

We are placing below links to our various posts on filing your ITRs outlining guidelines in the succeeding paragraphs. You can either click on these link or copy paste these in your browser to open the web posts.

RELIEF ON RECEIPT OF ARREARS  

  It is time rather the season to file your I - Tax Returns. Be assured that you are

still entitled to rebate in Income tax on arrears you received last Fin year and

the previous Fin Year 2015-16. This is you hard earned money let us just not lose

it out to the income tax dept.   The details on this is on the following two

posts in our web site just click on the link or copy paste the link (URL) in  your

browser to access.

you may have to file a revised return to claim relief pertaining to FY 2015-16 in 

case you did not do so earlier last year.

1. RELIEF ON INCOME TAX FOR ARREARS - RECEIVED IN FY 2016-17 

http://signals-parivaar.blogspot.in/2017/01/relief-on-income-tax-for-arrears-fy.html

2. RELIEF IN INCOME TAX ON ARREARS RECEIVED DURING FY 2015-16  

   http://signals-parivaar.blogspot.com/2016/05/relief-on-income-tax-for-arrears.html

LINKING AADHAAR & PAN .  In order to e-file your return you have to link your PAN with AADHAAR. here is the simple method in DO IT YOURSELF Mode. 

3.     http://signals-parivaar.blogspot.com/2017/05/linking-aadhaar-and-pan.html

E_ FILING ITR SIMPLE METHOD EXPLAINED    E filing is not a rocket science its simple see it for your self in this post. Go step wise step its a child's play get rid of your inhibitions.

4.    http://signals-parivaar.blogspot.com/2017/05/filing-itr-2017-how-to.html

PMR DUES   The PMR Cases will have plenty of rebate this year on arrears received. check on this post:-  PENSIONERS PMR PRE-2006 - REVISION DELINKED FROM QS OF 33 YRS 

5.  http://signals-parivaar.blogspot.com/2016/03/pensioners-pmr-pre-2006-revision.html

RETIRED RECENTLY  Based on our experience that we were clue less when we retired on various requirements wish we could check on them earlier. If you retired recently this post is for you, act seriously to avoid problems which may sting you after a decade or two.  IF YOU HAVE RETIRED RECENTLY YOU CANNOT MISS THIS POST 

 6.   http://signals-parivaar.blogspot.com/2017/05/retired-recently.html

TOOL TO CHECK WHETHER YOU HAVE BEEN RECEIVING CORRECT PENSION.  We share our shocking experience with you that a large number of pensioners and family pensioners  were not being paid correct pension in most cases these were much lesser than the entitlements. The agency banks did not pay much attention in paying the correct entitlements. I know a banker who told me that "Jis ko Jarurat hogi hamare pas bhaga aaega girgirata hua". They think we are beggers to beg for their services, WE MUST DEMAND rather than BEG from these Bank walas who are specially being paid by the G of I for handling pensions being outsourced to them.
      We therefore advise you to carry out a check to see whether you got entitled pension till now, here are your simple guidelines. If you did not carry out a check in past you can ignore this at your own peril.  ARE YOU SURE YOU GOT YOUR FULL DUES DURING 6 CPC – IGNORE THIS POST - certainly NO.

7.   http://signals-parivaar.blogspot.com/2017/06/d.html

Requesting Veterans  

Kindly note that at Signals Parivaar we do not have the wherewith all and the requisite infrastructure to help individuals ab - initio, as such veterans are requested not to embarrass us by approaching us on e-mails or telephone calls, incl offering us sweet praises, donations in terms of money etc to take on calculations for them.  We are not in any kind of business or consultancy. However, in case you have some specific clarification on the web post which you have thoroughly examined already and done your home work, we will be happy to respond to your qry published under Comments on the post duly giving your RANK NAME and EMAIL ID in the comments or sent on Email to  mgr.sigs@gmail.com  provided the same is already not clarified or included in the web post.

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