I have submitted a paper. The reviewers might agree to accept its publication, but they have asked that I revise it. I have not yet submitted the revision to them. What can I say about the paper ? Should I say that the paper is under revision or under review, or something else ?
I would use some of the following:
- under review
- submitted to …
and do not stress that there is already a revision going on. Even revised papers may get rejected, so being in revision is no guarantee to get the paper published. I also would not state the journal to which the paper is submitted to because I do not see how this says anything about the quality of the paper. If you think, that the paper is good and interesting for whoever reads the CV, make it available as a preprint and provide a link.
I myself have a section "Preprints" in my CV where I list submitted but not published papers with links to the arXiv and add the line "submitted, month, year".
Be as honest as possible.
1) If the paper has been accepted pending revisions, then say this.
2) If the paper has not been accepted, and all you're doing is responding to reviewer's comments, then it has not been accepted. I would put it on my CV as "in submission" without saying where it has been submitted. Your specific field might have different norms about this.
As a practical matter, you don't want to misrepresent yourself to potential employers. You especially don't want to create a situation where they think you've accomplished something when you really haven't, and it comes out later that there was a misunderstanding. That's a real good way to kill your career before it starts.