Nirav (Accountant) (595 Points)
21 August 2011Hello,
GTI includes only salary which is 250000. and Deduction under chapter VI A is 13558. TDS is Rs. 7873. If it is only salary income ITR 1 shud be generated. But ignorantly i generated ITR V and submitted to Banglore CPC. what would be the consequences?? Plz reply urgently.
CA Saiyum khan
(Practicing CA)
(690 Points)
Replied 21 August 2011
ITR V is the acknowledgement of efiling of any ereturn. You might have passed ITR-1 only. You check you data base.
CAclubindia
