In ITR-4 online mode, for asst.year 2024-25, I have noticed two issues and e-mailed the same to CPC also. The first issue is that when we give balance sheet as on 31 March 2024, the said date correctly appears in pre-view but while downloading the previewed return, in the downloaded file the date is shown as 31 March 2023! The second issue is that for asst.year 2024-25, there is a new requirement to select ‘type of bank account’ from available dropdownds as per IT dept’s you tube ‘How to file ITR-4’ released on 5 April 2024. But in online filing, there is no facility to view "type of bank account" field and edit it. It seems that the bank account number is picked from ''Personal information" section. But there is no field 'type of bank account' therein. Hence, in my case, in preview, “type of bank account” is left blank in Part D-item D21. However, after downloading, it is shown as ‘savings account’ in Part E-OTHER INFORMATION DETAILS OF ALL BANK ACCOUNTS HELD IN INDIA AT ANY TIME DURING THE PREVIOUS YEAR (EXCLUDING DORMANT ACCOUNTS). In my case, it is not a problem, since, my bank account is savings bank account only. Some assesses may have current account. Hence, it is suggested that for online mode, the above filed should be exhibited with edit facility in Part D-Sl No: 21 in preview process which should also flow to previewed return.
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ITR-4 two issues in online filing for AY 2024-25
It seems the defect is rectified now.
@ Dhirajlal Rambhia. The first issue is resolved. The second issue is not resolved.
Second one is not issue at all. It has to be rectified under Profile section, once for all.
@ At present, in the profile section, there is no facility to mention type of bank account.
The existing entries in 'Bank account' cannot be rectified. It has to be newly entered.
Is there is a provision for entering 'type of bank' account? Should we delete existing bank account and once again fill up bank account details?
Do not delete it at first, unless forced to do it before entering the same details again.
Yes, there is option to enter type of bank account while entering it in 'Add new Bank account'.
It gets verified immediately. Once verified, all the future difficulties gets solved.
@ Dhirajlal Rambhia Many thanks for your advice. I will do the same.
You are welcome.
Good Luck.
@ Dhirajlal Rambhia
I have not correctly explained the second issue. In 'My profile section', in "My bank account" details, Type of bank account already appears. In online filing of ITR-4, the same does not appear in 'pre-view' return but if the same is downloaded, the same appears! Anyhow, I have successfully filed my ITR-4 for AY 2024-24 yesterday (15-05-2024).
I have understood the problem...
I have already given the solution for removal of the defect for future filings.
Your ITR will be processed without any hitch of the defect. Expect the intimation u/s. 143(1)within next two days, if all other things are in order.
Good Luck...
Thanks. In the actually filed return, type of bank account appears. Once again, thanks.
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