RECTIFICATION U/S 154 FILLING


This query is : Resolved 

Quick Summary
If you've filed an ITR 4 incorrectly and received a demand notice, you may be able to file an ITR 3 instead, provided the revised return filing date hasn't passed. However, rectification under Section 154 typically only allows for minor corrections and doesn't permit changing the ITR form or the declared income.

13 June 2020 ORIGIONALLY ITR 4 HAS BEEN WRONGLY FILED AND DEMAND NOTICE IS RECEIVED, NOW I WANT TO CORRECT DATA AND WANT TO FILE ITR 3 WHETHER IT IS POSSIBLE OR WE HAVE TO RECTIFY IN ITR 4 ONLY

13 June 2020 Yes, it's possible to flle ITR 3 in case of AY 2019-20 where revised return filing date is upto 30th June.

13 June 2020 Only revised return can be filed in such a case. Under rectification you can't change the ITR form.

14 June 2020 Vide rectification application income returned cannot be changed.


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