Return filed using wrong itr form.
This query is : Resolved
18 July 2014
A person has salary income and interest income from f.d. and savings a/c. Further he has tution income of 1,20,000 and net total income is 1,45,000. He has e-filed his i.t. return in ITR-1. Is he correct ? Some of my friends told me that it is to be filed in itr -4 or 4s.
He has already e-filed the return in ITR -1 . But , He has not sent the acknowledge receipt to CPC -Bangalore yet. So..now (1 ) . Will he have to file revised return in ITR 4 or 4S ? ( 2 ) . And before sending the acknowledge receipt of revised return to CPC, should he send the previous acknowledge receipt of Itr-1 filed ? What can be done now, actually ?
( 3 ) . Can he send ITR V to CPC as it is ?
( 4 ) . Is there any possibility of arising any problem due to this , if he sends ITR V as it is ?
( 5 ) . Is there any provision of penalty for filing return in such wrong form in the Act ?
Please, help.
He has already e-filed the return in ITR -1 . But , He has not sent the acknowledge receipt to CPC -Bangalore yet. So..now (1 ) . Will he have to file revised return in ITR 4 or 4S ? ( 2 ) . And before sending the acknowledge receipt of revised return to CPC, should he send the previous acknowledge receipt of Itr-1 filed ? What can be done now, actually ?
( 3 ) . Can he send ITR V to CPC as it is ?
( 4 ) . Is there any possibility of arising any problem due to this , if he sends ITR V as it is ?
( 5 ) . Is there any provision of penalty for filing return in such wrong form in the Act ?
Please, help.
18 July 2014
He has shown his tution income under income from other sources .
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