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Defective return


Singh Kamboj   20 March 2020

Singh Kamboj

 12 likes  292 points

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income tax return file for the AY 19-20 through ITR 4. show the income as tution income which mention in the head other sources. but cpc send notification regarding defective return. how can I correct this error.

avater

NAVEEN CHAND (GSTP)     20 March 2020

NAVEEN CHAND
GSTP 
 885 likes  12507 points

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file the return in time allotted by A.O 

if return is not filed with time prescribed then it shall be treated as INVALID RETURN (void-ab-initio)  

avater

Spurto Consultancy Services (Consultant)     20 March 2020

Spurto Consultancy Services
Consultant 
 82 likes  1486 points

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ITR 1 is filed in case there is only other sources income & no PGBP income is there.

Since you are reporting your income under rhe head other sources then ITR 4 is not correct.

File your return again and file ITR 1 

 


(Guest)

You should have shown you Tuition income as income from profession rather than income from Other sources.

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Singh Kamboj   20 March 2020

Singh Kamboj

 12 likes  292 points

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Sir if I show tution income as professional income then also mention the gross receipts and net receipts


(Guest)

There you have to show only gross receipt of you profession under presumptive income

Eswar Reddy S (CFO- at NHTF)     20 March 2020

Eswar Reddy S
CFO- at NHTF 
 204 likes  3682 points

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You can revise the return by correcting the head of income.

Else you can file return in response to 139(9)..

ITR-4 is for presumptive taxation of business/profession..

Logically:
Either you should have declared income under profession in ITR-4 or

Technically:
You should have used ITR-1 if there is only income from other sources..

these two are general reasons for your notice..

avater

VINITKUMARGUPA (ARTICLE ASSISTANT)     20 March 2020

VINITKUMARGUPA
ARTICLE ASSISTANT 
 5 likes  129 points

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File ITR 4 again in response to defective notice. with tution income under 44ADA...


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