I am a Salaried person. I had filed ITR for FY: 2011-12 through a TRP who filled my F&NO & Intraday turnover taking full Sale value of F&NO & Intraday instead of positive & negative difference. I had loss in all my F&NO & Intraday transactions. I received a notice u/s143 1B from ITD CPC Cell, to file the ITR again under Defective status. The TRP again submitted my ITR under Defective filing with wrong Turnover again more than 60 lacs whereas my Turnover is merely below 10 lacs according to clarifications on Turnover treatment sought through your Forum and also shown the Losses as Business Income/Loss under the head where P&L accounts are maintained .
Now I need to process to file my ITR for FY: 2012-13. Can I again revise my earlier ITR of FY: 2011-12 before filing the ITR of FY: 2012-13 though the Defective ITR is not yet been updated as received and closed by the IT CPC Cell or I can revise & resubmit it after submitting the current year ITR.
I had filed my original ITR of 2011-12 before prescribed filing date i.e. 31.7.2012 and received Defective ITR notince in May,2013 and re-submiited it within 15 days of receipt of the CPC Notice.
Pls help and advise.
CAclubindia
