• Presumptive income wrongly u/s 44ADA at 50% instead of u/s 44AD at 6%

Hi,

I am a self-employed Management Consultant. I possess no professional qualifications (Legal, medical, engineering or architectural, accountancy profession, technical consultancy, interior decoration or any other profession notified by the Board in the official gazette) falling under 44ADA. I receive the fee directly into my bank account.

I request your advice and guidance on the following :-

1.	AY 2017-18
Brief background:
The original ITR3 Return filed ON time; Received the Intimation u/s 143 (1); And received the Refund also.

I realize now that in the original ITR-3 return filed, I shown the presumptive income wrongly u/s 44ADA at 50% INSTEAD of u/s 44AD at 6%. I am entitled to receive an additional Refund (amounting to Rs.1.28 Lacs).

Following are the relevant details :-
AY 2017-18	As per original ITR3	ITR Rectification/Revision being sought
Filed on	30-Jul-2017	 
Income from House Property	2,32,830	2,32,830
Income from Business	(u/s 44ADA - 50% of Rs.19,90,862)
 9,95,432	(u/s 44AD - 6% of Rs.19,90,862)
1,19,900
Total Income	12,28,261	3,52,730
Deductions	(2,29,385)	(2,29,385)
Taxable Income	9,98,880	1,23,345
Tax Payable	1,28,519	0
TDS	1,97,094	1,97,094
Refund Received	68,575	68,575
Balance Refund to be received ==>>	1,28,519

Please guide me :-
a)	to the process of filing the Rectification/Revised Return so that I could get the balance Refund amount.
b)	Additionally, let me know whether I can use ITR-4 form as against ITR-3 form originally filed.

2.	AY 2018-19
Brief background:
The original ITR4 Return filed ON time; Received the Intimation u/s 143 (1); And received the Refund also.

I realize now that in the original ITR-4 return filed, I shown the presumptive income wrongly u/s 44ADA at 50% INSTEAD of u/s 44AD at 6%. I am entitled to receive an additional Refund (amounting to Rs.2.87 Lacs).
 
Following are the relevant details :-
AY 2018-19	As per original ITR4	ITR Rectification/Revision being sought
Filed on	31-Jul-2018	 
E-filing Ack. Ref.	[deleted]	 
Income from House Property	2,06,105	2,06,105
Income from Business	(u/s 44ADA - 50% of Rs.29,92,069)
14,96,035	(u/s 44AD - 6% of Rs.29,92,069)
1,79,530
Income from other source	1,02,770	1,02,770
Total Income	18,04,910	4,88,405
Deductions	(2,50,884)	(2,50,884)
Taxable Income	15,54,030	2,37,520
Tax Payable	2,87,070	0
TDS	2,99,214	2,99,214
Refund Received	12,144	12,144
Balance Refund to be received ==>>	2,87,070

Please guide me :-
to the process of filing the Rectification/Revised Return so that I could get the balance Refund amount.

3.	ADDITIONAL BRIEFING
a)	As an additional information, I wish to state that for AY 2019-20, I filed the ITR showing the presumptive income CORRECTLY u/s 44AD at 6% choosing the business code as 16019 – (Other professional services n.e.c.) and received the Intimation u/s 143 (1) and received the Refund also.