Made a mistake after filing your ITR? Don't worry; this feature can simplify the process for you.

If you realize after filing your Income Tax Return (ITR) that there is an error, there is no need to panic.

The Income Tax Department offers a 'Discard Return' feature for such taxpayers. This allows you to completely remove your ITR before it is verified and file a new one with the correct information.

However, this facility should be used judiciously. Once an ITR is discarded, it is treated as if it was never filed. If a new ITR is filed after the deadline, it will be considered a 'Belated Return,' and the rules associated with late filing may apply.

What is the 'Discard Return' feature?