Itr-1 issue

This query is : Resolved 

26 July 2024 You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.
I paid 2 rupees TDS because of crypto

26 July 2024 File ITR 2.. Declare crypto under schedule VDA.

04 August 2024 I have filled itr already in itr-1 and I got defect so do I need to proceed with the view notice button and then submit response ?
I’m not able to understand
Or I need to file itr again with itr-2


05 August 2024 You need to file ITR 2 u/s. 139(9) IT act, under 'E-proceeding tab', within 15 days.

13 August 2024 Hello sir My income is not a lot means I just filed itr just to know the process my income is not exceeding the tax slab
But my itr is defective do I need to fill it again as I don’t want to file.
Will it create problem in future ?

13 August 2024 If you do not file revised return, the original return will become Null & Void, i.e. as if it is not filed.
Better to reply with revised return. You need only to change the income from crypto to schedule VDA, all other things remain same.

13 August 2024 Okay sir will do Thanks

13 August 2024 You are welcome.




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