Error after filing ITR1

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If you filed your Income Tax Return (ITR) using ITR1 but received a notice for having TDS under sections like 194C, 194J, or 194H, you've likely used the wrong form. These sections typically require you to file either ITR3 (for business/professional income) or ITR4 (for presumptive income). To resolve this, you must file a revised return with the correct form and respond to the notice under section 139(9) to ensure compliance.

Aayam Kayastha

Aayam Kayastha (Querist)
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30 July 2024 I filed ITR1 by self but got notice "

CA ALOK KUMAR

CA ALOK KUMAR (Expert)
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30 July 2024 You received a notice because you filed ITR-1 while having TDS under section 194C/194J/194H etc, which is inappropriate for your income type. TDS under 194C relates to income from contract work, requiring you to file either ITR-3 or ITR-4 (for presumptive income). To correct this, file a revised return using the correct form and respond to the notice under section 139(9). This ensures compliance and corrects the filing error.

Aayam Kayastha

Aayam Kayastha (Querist)
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30 July 2024 What is the difference between ITR 3 and ITR 4?

CA ALOK KUMAR

CA ALOK KUMAR (Expert)
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30 July 2024 ITR 3 is for individuals and HUFs with income from business or profession, while ITR 4, also known as Sugam, is for individuals, HUFs, and firms (other than LLPs) with presumptive income from business or profession under Sections 44AD, 44ADA, or 44AE. ITR 3 requires detailed disclosure of income and expenses, whereas ITR 4 simplifies reporting for small taxpayers under the presumptive taxation scheme.

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