30 July 2024
You received a notice because you filed ITR-1 while having TDS under section 194C/194J/194H etc, which is inappropriate for your income type. TDS under 194C relates to income from contract work, requiring you to file either ITR-3 or ITR-4 (for presumptive income). To correct this, file a revised return using the correct form and respond to the notice under section 139(9). This ensures compliance and corrects the filing error.
30 July 2024
ITR 3 is for individuals and HUFs with income from business or profession, while ITR 4, also known as Sugam, is for individuals, HUFs, and firms (other than LLPs) with presumptive income from business or profession under Sections 44AD, 44ADA, or 44AE. ITR 3 requires detailed disclosure of income and expenses, whereas ITR 4 simplifies reporting for small taxpayers under the presumptive taxation scheme.
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