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Why Your Income Tax Return Could be Defective? Research Team | Posted On Monday, August 05,2019, 12:55 PM

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Why Your Income Tax Return Could be Defective?



Filed your income tax returns in time? Great. But, the job may not be done. If you have made a mistake when filing ITR, the income tax department may treat it as an invalid ITR.

There’s no need to panic. You can rectify any mistake made when filing ITR by filing a Revised Return, provided you have filed original ITR within the due date.

If you have income above the exemption limit, (The exemption limit is Rs 2.5 Lakh a year for citizens below 60 years), then you must file ITR. The exemption limit is Rs 3 Lakhs a year if you are between 60 and 80 years and its Rs 5 Lakhs a year for super-senior citizens).

You can now file Income Tax Returns absolutely free through You just need to click on the icon “FREE Income Tax Filing before 31st Aug”, and file your income taxes in just 5 minutes. If you are stuck while filing income tax returns, you would get a call offering help to complete the tax filing process.

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See Also: Steps To File Income Tax Returns Easily

Why Your Income Tax Return Could be Defective?

Why Do You Make Mistakes When Filing ITR?

The last date to file ITR is August 31st 2019. You and several taxpayers wait till the last date to file taxes. This leads to mistakes when filing ITR. The common mistakes are an oversight when filing ITR, or forgetting an important tax exemption or tax deduction. You might have chosen the wrong ITR Form, when filing ITR. You can rectify any mistake made; by filing revised ITR.

Why is Your ITR Defective?

There are many reasons why ITR is defective. The most common mistake for defective ITR is choosing the wrong ITR Form. Choose the right ITR Form when filing income tax returns or the ITR is considered invalid.

You (assessee) would get an intimation u/s 139(9) to rectify the mistake, within 15 days of the intimation. The time limit could be extended if the assessing tax officer so wishes. (This is totally at his discretion). If you don’t rectify mistakes, your ITR is treated as invalid.

See Also: Income Tax Return 2019: File Taxes for ELSS

How to Choose the Right ITR Form?

Choosing the right ITR form depends on many factors. The main factors are residential status, nature and amount of income you and other taxpayers have earned, foreign assets held, agricultural income earned, capital gains earned, have you invested in unlisted equity shares and so on.

The ITR Form for assessment year 2019-20 are:

  • Form ITR-1 Sahaj
  • Form ITR-2
  • Form ITR-3
  • Form ITR-4 Sugam
  • Form ITR-5
  • Form ITR-6
  • Form ITR-7
  • Form ITR-V

The ITR Form is divided based on sources of income. If you have salary, one house property and income from other sources; file ITR-1. If you have salary income greater than Rs 50 Lakhs; file ITR-2. This is also true if you have capital gains. If you have income from business or profession, file ITR-3 or ITR-4 depending on whether the book of accounts has been maintained.

Which ITR Form Must Salaried File?

Most salaried employees have income from salary and a savings bank account. You must be earning interest from the SB account. If you are salaried with house property (This could be in your possession or without possession), file income tax returns using ITR 1 Sahaj. If the property is not in possession (Under Construction), you cannot claim deduction on interest and principal payments.

You can file ITR-1 Sahaj as a resident Indian under following conditions:

  • You have income from salary/pension  OR
  • You have income from One House Property OR
  • You have income from other sources.

See Also: Penalty for Late Filing of Income Tax Return

These conditions are subject to certain conditions like:

  • You have not invested in unlisted equity shares
  • You have not brought forward losses
  • You are not a director in a Company.

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