Wrong itr-urgent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 October 2013 I have filed a Nil ITR within the due date. However, it was filed in ITR4 instead of ITR2 (there is only house property income and income from other sources).
Kindly suggest if there would be any adverse consequences and is it required to file a revised return?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

03 October 2013 there is no impact on filling ITR-4 instead of filling ITR-2. so no adverse consequence since ITR-4 cover all the incomes of assesse

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

03 October 2013 Thank you.. but the thing is that in the last year ITR 2 was filed but current year ITR 4 is filed..

Upgrade to CAclubindia Pro. Subscribe Now!

CA Pallav Singhania

CA Pallav Singhania (Expert)
Follow

03 October 2013 Agree with Expert,
ITR 4 includes all incomes...

However, in next return you can correct it by making in ITR 2..

Message likes : 1 times

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

03 October 2013 Even there is no problem, ITR selection may differ from year to year based on the income status of the assesse. ITR-4 will cover all the income of an assesse. ITR-2 is has some restriction on some incomes. so filed ITR-4 will not give any problem to you

Message likes : 1 times