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Return is defective

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Firoz Ali

21 Points Posted on 19 July 2024

You have filed your income-tax return in form ITR-4. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194S/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94S/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-4 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-4.

What to do in this case..?

Replies (2)

Quick Summary

If you've filed your income tax return using ITR-4 and your Form 26AS shows tax deductions under specific sections like 194IA, 194IC, or 194S, your return is likely defective. These sections require a different form, ITR-3, which includes the necessary schedules for reporting such income. To correct this, you must file a revised return using ITR-3.

Rama chary Rachakonda

Master in Accounts & high court Advocate

7021 Points Posted on 19 July 2024

Verify Form 16 and Form 26AS thoroughly: Before filing your ITR, download and compare both forms. Ensure that all TDS entries in Form 16 match those in Form 26AS. Contact Your Employer: If you find discrepancies, immediately contact your employer’s payroll or finance department to rectify any errors.