For current year you can revised but if the 1st itr allready proceed or verified then you might get noticed not compulsory that you get but chances are there or you might not get
ITR forms are decided by the Income you want to show.so if you have filed ITR form 4 it is not incorrect.you can file any form you want if you have income related to such form. you can also revise your return after 31st March.
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