Can not carry forward losses because mistakenly selected 139(4) instead of 139(1)

I filed my tax returns with carry forward losses -  within the due date, but mistakenly selected belated return 139(4) instead of 139(1) for AY 20-21. Now, I got a notification from IT saying that I can't carry forward losses because it filed after due date. Is there any way I can rectify this now and still claim the carry forward losses. What should I reply to the e- proceedings. Thanks

Replies (4)
Quick Summary
A taxpayer mistakenly filed their tax return under Section 139(4) (belated return) instead of Section 139(1) (original return) for AY 20-21. This error has led to a notification from the IT department stating they cannot carry forward losses. The user is seeking advice on how to rectify this mistake and still claim their losses, particularly concerning the new e-filing website's lack of a clear rectification option.

File a rectified return in response of the notice

It seems there is no way to file a rectified return in new website. Can you please point out where is that option?

File rectification u/s 154, your problem will get solved

Old website had an option for filing rectification. In the new website, there is no specific option provided. If I just select the efiling->select AY 20-21, it doesn't provide any option in the ITR type dropdown. Please see the attached images. Thanks

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