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Mismatch in balance sheet of itr 4 form

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Romeo

Working

73 Points Posted on 29 May 2016

Dear Sir/Madam,

Recently i filed my ITR-4 form but after filing i realized that i had made a mistake and that mistake was that there is mismatch of Re 1 in Balance Sheet of ITR-4 form, and that mismatch is between Proprietor’s fund and Sources of Funds.

My question might sound silly but because of this mismatch of Re 1 can my ITR form be rejected ?

Shall I revise this ITR-4 form ?

Awaiting your reply.

Thank you.

Replies (3)

CA Prashant Hegde

Chartered Accountant

289 Points Posted on 29 May 2016

Yes, there is chance of rejection,, so it is better to revise it.

Amit Agrawal

Chartered Accountant

87 Points Posted on 31 May 2016

The return may be treated as defective under section 139(9) and you should revise it immediately. Rejection only takes place if you donot respond to the notice under 139(9).