Return filed in ITR 4S

[Guest]

Respected Sir,

Regarding Income Tax 4S Return filled and submitted on 15.06.2015 for the Assessment year 2015-16 and shown income under section 44 AE as transport business but by mistake Gross Turnover /receipt u/s 44AD not reflected and submitted accordingly.Due to this is it necessary to submit any revised return or not.

Thanking you,

With regards,

Buddha deb Das

AI Summary

Advice Sought on Revising Income Tax Return for 2015-16 Due to Omission of Gross Turnover Under Section 44AD A query was raised regarding an Income Tax Return (ITR) 4S filed on June 15, 2015, for the assessment year 2015-16. The filer reported income under section 44AE for a transport business but inadvertently did not reflect the gross turnover/receipt under section 44AD. The individual seeks advice on whether it is necessary to submit a revised return to correct this omission.