ITR 1 is defective

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Quick Summary
If you've received a notice stating your ITR-1 return is defective under Section 139(9), it's likely due to TDS deductions under specific sections like 194IA, 194IC, or 194S. These sections imply income types for which ITR-1 is not the correct form, as it lacks the necessary schedules. You may need to file a different ITR form, such as ITR-2, especially if you've declared virtual digital asset transactions.

23 July 2024 recived a msg from ITR verification

' The return of income filed by you as per the above details is considered as defective with-in the meaning of section 139(9) of the IT Act for the following reason: 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. '

23 July 2024 Under which sections TDS have been deducted?

23 July 2024 TDS Has been deducted under section 192 +192A +194 +194s

23 July 2024 TDS Has been deducted under section 192 +192A +194 +194s

23 July 2024 File ITR 2 & declare the sell transaction of Virtual digital assets like crypto in Schedule VDA.


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