Hello members
My client has filed offline itr a month back as his total income was 435654/-. But now he realised that he has not taken income from other sources and not shown capital gains which is exempt since he has utilized all the gain he earned. pls help on below points
1) Can ITR 1 be revised to ITR 2
2) Since ITR 1 was filed offline as income less than 500000, Now after taking other source income total taxable income is going above 500000. Can return be revised offline only as orignal return was filed offline
3) 2nd query is because e filing is mandatory if income is above 5 lakhs.
4) Client has deposited balance tax which was due after taking interst income.
Pls guide members
CAclubindia
