Revised Return after intimation of no due u/s 143(1)

After filing IT return for FY 2023-2024, I found that a small amount of capital gain of ₹1,450/- was omitted, for which I ought to have filed ITR2 instead of ITR1.

Meanwhile, intimation u/s 143(1) of IT Act has been received without any due.

Should I file a Revised Return?? Request advice.
Replies (3)
Quick Summary
The user omitted a small capital gain when filing their IT return for FY 2023-2024, mistakenly using ITR1 instead of ITR2. They have since received an intimation under section 143(1) with no outstanding dues. The user is seeking advice on whether to file a revised return, especially since the capital gain was not initially reflected in their AIS but appeared later.

Yes, if the capital gains reflects in AIS, it is mandatory to revise it with ITR 2.

There was no reflection of capital gain in the AIS on 9 May 2024, when I filed the return. It was reflected later. I should have waited till July. Thanks sir.

Good luck.          

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