Defective ITR

Dear Experts,

I have received this notice.

You have filed your income-tax return in form ITR-4. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194S/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94S/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-4 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-4.


1) There was a income received of Rs 700 from sale of digital currency also TDS is deducted and tht income is shown under other sources in ITR 4
but now notice received for defective ITR

2) Is the ITR form is correct or not ?
and wht to do in tht case ?

Thank you
Replies (4)
Quick Summary
This discussion addresses a notice received for a defective Income Tax Return (ITR) filed using ITR-4. The notice highlights that TDS deductions under specific sections (like 194IA, 194IC, 194S) indicate income types not correctly reported in ITR-4, as the necessary schedules are missing. The user specifically mentions income from digital currency sales, which may require reporting under Capital Gains instead of 'Other Sources' in ITR-4, potentially necessitating the use of ITR-2.

Upload defective itr
Sale of Digital Currency I guess it should have been shown under Capital Gains

File ITR - 2 and show income under head capital gains.

There are two conditions:
1. itr 2 depends on source of income and others

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details