I HAVE FILLED ITR 1 OF MY CLIENT AS HE IS DOING JOB IN PRIVATE ENTERPRISE, LATTER ON IT FOUND THAT TDS HAS BEEN DEDUCTED FROM HIS ACCOUNT U/S 194C DURING THE YEAR. THIS INCOME HAS NOT BEEN SHOWN IN RETURN AS HE HAS NOT RECEIVED FORM 16A FROM THE DEDUCTOR.
NOW IT IS REQUIRED TO REVISE THE RETURN, CAN I REVISE THE RETURN USING ITR 4 INSTEAD OF ITR 1 ? HOPES FOR THE QUICK AND POSITIVE REPLY.
31 July 2014
Yes you can file ITR4 as revised return u/s 139 (5). While preparing return select return u/s 139 (5) and mention the acknowledgement no of original return filed in ITR1.