A client received a notice for a defective return under Section 139(9) but missed the response deadline. The original return was filed under the old tax regime using ITR 1, but the client had undisclosed income from VDA and LTCG. The portal option to respond to the defective notice is now disabled. The question is whether a revised return under Section 139(5) can be filed, specifically opting for the old regime as in the original filing.
21 August 2024
good evening Sir, client was issued a notice for defective return u/s 139(9) on 01 AUG 2024, last date for response was 16 AUG 2024, as he filed return in ITR 1, where as he was having income from VDA and LTCG in listed shares, now he has come to me to file return. what should be done now, as the option to response for defective return has been disabled.
can i filed Revised Return u/s 139(5) under old regime as the original return was filed in old regime for this case?