Mrunmayee Limaye (Article) (32 Points)
27 September 2012Hi guys... I have electronically filed Income Tax Return of an assessee having no business income from proprietory concern but having business income from a partnership firm in Form No. ITR 4 instead of ITR 3 for AY 2012-13. Would it be regarded as an invalid return and do I need to revise it just for a mistake in selection of ITR...??? Please Reply..... Thanks in advance....
shivaji prasad bhimavarapu
(CHARTERED ACCOUNTANT)
(2391 Points)
Replied 27 September 2012
In my opinion, no need of filing revised return. And also for filing revised return there should be atleast a change of Rs.10/- in the total income.
Jaiveer Singh Rawat
(Learner)
(130 Points)
Replied 27 September 2012
Hi Mrunmayee Limaye
there is no need to revise the return. It will be taken as a valid return only.
CAclubindia
