Error Description

Save Share

This query is : Resolved

Quick Summary

If you've filed your income tax return using ITR-1 and your Form 26AS shows tax deductions under specific sections like 194IA, 194IC, 194M, 194S, 194C, or 194B, you've likely encountered an error. These sections indicate income types for which ITR-1 is not the correct form, as the necessary reporting schedules are missing. You should consider filing using ITR-3 instead.

Ashish Gupta

Ashish Gupta (Querist)
Follow

25 July 2024 Error Description
You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.