New feature introduced on Income tax portal of "Discard Return"

New feature introduced on incometax portal of "Discard Return" under Login → e-File → Income Tax Return → e-Verify ITR → “Discard”.

Main features of Discard Return 👇

Q1: I filed my Original ITR u/s 139(1) on 30th July 2023 but not yet verified. Can I Discard it?

Ans: Yes, as mainly this is to be used to discard the unverfiied return. And without verifying it one can proceed to file an another return. However, if the “ITR filed u/s 139(1)” is Discarded and the subsequent return is filed after

the due date u/s 139(1), it would attract implications of belated return like 234F etc.,

Q2: I Discard my ITR by-mistake. Is it possible to reverse it?

Ans: No, if ITR is Discarded once, it can’t be reversed.

Q3: Is it mandatory to file subsequent ITR if I “Discarded” my previous unverified ITR ?

Ans: It is expected to file subsequent an ITR later on, as it is expected that he is liable to file the return of income by way of his earlier action of discarding the return.

Q4: I sent my ITR V to CPC and it is in transit and not yet reached CPC. But I don’t want to verify the ITR as I get to know that details not reported correctly. Can I still avail “Discard” option?

Ans: No, once ITR-V has already been sent to CPC, user shall not discard such returns.

Q5: When can I avail this “Discard” option and can I avail this “Discard” option multiple times or only once?

Ans: User can avail this option only if the ITR status is “unverified” / “Pending for verification”.There is no restriction on availing this option multiple times. Precondition is “ITR status” is “Unverified” / “Pending for verification”.

Q6: My ITR filed for AY 2022-23 is pending for verification. Can I avail this “Discard” option?

Ans: This option is available only from AY 2023-24 onwards.

Q7: I discarded my Original ITR 1 filed on 30th July 2023 on 21st August 2023 and I want to file subsequent ITR on 22nd August 2023. Which section should I select?

Ans: Discarded return has no validity of its own. Hence, any return filed after due date shall be treated as belated return. And also it cannot be treated as revised return as discarded return was not a valid return filed u/s 139 (1).

Source: https://www.incometax.gov.in/iec/foportal/help/discard-return/faqs