21 June 2013
If I have salary income and HRA exempted more than RS 5000 and loss from one house property (not income) and income from other sources which ITR is required to file ? please guide
21 June 2013
Actually I have filed ITR 1 , but since I read somewhere that loss from HP (housing loan ) we should file ITR2 . what are the consequences of Not filing correct return Thank you in advance
21 June 2013
That means your return is defective return due to the non selection of proper ITR form. So you will receive 139(9) notice with request of correction of the mistakes committed by you at the time of filing of return of income.So after receipt of such notice file ITR-2 u/s 139(9). It will not you make any problem. Don't worry for this regards.
Otherwise you can file revise return now if your original return filed u/s139(1) and filing of revised return due time still available.