The ITR is Defective
This query is : Resolved
Quick Summary
24 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.
HOW TO CLAIM TDS DED U/S 194C and 194A (WHICH ITR FORM TO FILL?)
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.
HOW TO CLAIM TDS DED U/S 194C and 194A (WHICH ITR FORM TO FILL?)
24 July 2024
File ITR 2 ....
...
...
24 July 2024
Does 194A come under ITR 2? Because as far as I read the 194C comes under ITR 1.
24 July 2024
Yes, interest income will come under ITR 2.
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