2024-09-02 21:21:29
New Delhi: After filing Income Tax Return (ITR), now those taxpayers are waiting for refund whose TDS has been deducted by the company. On the other hand, notices have started coming from the Income Tax Department to those people who had made some mistake while filing the return. This also includes choosing the wrong ITR form. If you had chosen the wrong form while filing the return, then you must have also received a notice. The Income Tax Department sends this notice to the registered email ID.
In the notice sent by the Income Tax Department on email, it is clearly written that the form you chose while filing the return is wrong. In such a case, you will have to correct the mistake and file the return again. There is no fee or penalty for this. You can fill the correct form online only.
Be careful! Fraud in the name of income tax refund, messages are coming to taxpayers, IT department issued warning
What went wrong, you will know everything
The mail sent by Income Tax gives full information about why the ITR form you chose was wrong. Actually, Form 16 and Form 26AS contain complete information about the source of income. In such a situation, many people knowingly or unknowingly choose the wrong form. At that time, the return is filed correctly. But later, when the form is checked by the Income Tax Department, it is found that the wrong ITR form was chosen.
No need to worry
There is no need to worry too much about the notice received after filling the wrong ITR form. It is clearly written in the notice what mistake you have made and how it can be corrected. The date to correct this mistake is also given in the email. According to the Income Tax Department, if you do not correct this mistake by the due date, then your return will be considered invalid. After this you will have to file the return with a penalty.
You can file belated return till 31 December
If you have not filed your ITR yet, then you can file belated ITR till 31 December. However, for this you will have to pay a fine of up to 5 thousand rupees. This fine will depend on what your income is. Those whose annual income is up to Rs 5 lakh, a fine of up to Rs 1000 is imposed. Whereas those whose annual income is more than Rs 5 lakh, a fine of up to Rs 5 thousand is imposed.