Sr no 4 cannot be greater than 6i error in updated itr3 sec139 8a

Aatish Naik (3 Points)

02 January 2024  

Sir i had filed my itr1 on 12/07/2023 my net income was 4.53 lacs after all deductions.. I also received refund of Rs. 25040. But i realised that i had not shown my intraday trading losses around 2.12 lacs . Hence I filed revised return on 31 dec 2023..but while filing this return I by mistakenly forgot to show my salary income and return got filed with only intraday loss of 2.12 lacs. I received demand due email of rs. 25040 under sec 143 1 from income tax. Now as the due date is over I decided to file updated itr3 under section 139(8a) . My income has not changed so net payable amount is showing as zero.. In fact it is still showing refund of rs 25040 Which I have already received. If I show this amount in refund amount received It is asking me to pay tax 25040 along with 25%addtional tax on 25040. Why I should pay tax when my income is below 5 lacs ..i only want to correct the wrong income shown in revised itr3...if i do not show refund amt then I get error sr no 4 cannot be greater then 6i  Kindly advise.. Thanks