WHAT WILL BE THE IMPLICATIONS OF THE FOLLOWINGS:-
1)NOT USING APPROPRIATE ITR FORM.
2)IF WE ARE USING ITR FORM 4S IN ONE YEAR AND IN THE OTHER YEAR USED ITR2
THANKS
CA Santosh Kumar Eligeti
(Partner)
(151 Points)
Replied 21 November 2014
In my opinion..... different types of ITR forms are made to process ITRs easily by bifurcating.
It does not effect your process if you change forms yearly.