TWO ITR FILED

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2011 One of my client did not show his business income he shows me oly salry income so i filed ITR-1 but after few day i saw his updated form 26AS than i know that he had some business income also. i contact him and filed revised ITR-4 by showing his business and salary income both on 29/05/2011 and ITR-V but till now i did not received the receipt but today i got assessment order for ITR-1 (Intimation U/S 143(1)). In ITR-4 i had claimed refund. what to do know?
should i filed the rectification?

RAJIV VIJ

RAJIV VIJ (Expert)
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19 June 2011 you need to write a letter to assessing officer.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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19 June 2011 Send a petition for rectification of mistake u/s 154 of the I. T. Act by enclosing acknowledgement of both the with a copy of the order received for first ITR and state the fact. Now a days everything is controlled from Banglore and you have to send the same to Banglore or the address from where you have received the order u/s143(1)

C. A. S. S. AGARWA, MUMBAI
9870243410, ssunderagarwal@gmail.com

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2011 File the rectification online.

U S Sharma

U S Sharma (Expert)
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19 June 2011 you have not mentioned the mode of filing ITR-1, if it was filed online, then CPC had to consider the revised return, but if the ITR 1 was filed manufally then you had to file the revised return to same place where u had filed the original.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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19 June 2011 The rectification is possible only when only one return is file and that very return is to be rectified if there is any mistake. In this case both the return filed are correct and the first return has already been processed. So, the only way round is to send the papers for physical filing. In case the first return is revised then there will be two assessment orders and the CPC Banglore shall issue refund voucher in one case and in other case there will be demand. Moreover, the second return has not yet been processed and in my opinion as the first one has already been processed the status in the data of CPC will appear as processed without considering the second return. Hence, the procedure as stated by me in my previous communication and reply is the correct procedure.

CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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19 June 2011 Assuming that both returns filed online. Please check status of ITR V of revised return in ITR V, whether the same is showing received by IT-CPC.

Agreed with other experts as well

Querist : Anonymous

Querist : Anonymous (Querist)

24 September 2011 Thankyou Very Much Expert....:)