whether it is defrctive return

Assistant Manager (Finance and Accounts)

389 Points Posted on 18 January 2011

If someone file ITR-4 instead of ITR -2 whether it is defective return or return has to be revised

Replies (3)

CHARTERED ACCOUNTANT

120 Points Posted on 18 January 2011

Hi Nitesh,

It will not be considered as defective return certainly.

As far as revision is concerned, I don't think there is any need.

To be on the safer side, you may revise the ITR, otherwise not a big issue.

Learner

3431 Points Posted on 18 January 2011

If you mention your all income of itr-4 in itr-2 than don’t worry just revise your return.

If u did not mention your incomes of itr-4 in itr-2 than it may be penalty or interest on escaping income.

Assistant Manager (Finance and Accounts)

389 Points Posted on 18 January 2011

thanks a lot sunil sir g and pankaj

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