Step 1: Recall the principle of dimensional consistency.
In any physically meaningful equation:
LHS and RHS must have the same dimensions
Also, the argument of an exponential function must always be dimensionless.
Step 2: Check option (1).
Given,
\[
I=I_0\left(e^{\frac{2V}{V_0}}+1\right)
\]
Since
\[
\frac{V}{V_0}
\]
is dimensionless, the exponential term is valid.
Also,
\[
e^{\frac{2V}{V_0}}+1
\]
is dimensionless.
Therefore, RHS has dimensions:
\[
[I_0]
\]
which is the dimension of current.
Hence, option (1) is dimensionally correct.
Step 3: Check option (2).
Given,
\[
I=I_0\left(e^{\frac{V}{2V_0}}-1\right)
\]
Again,
\[
\frac{V}{V_0}
\]
is dimensionless.
Thus,
\[
e^{\frac{V}{2V_0}}-1
\]
is dimensionless.
Hence, RHS has dimensions:
\[
[I_0]
\]
which matches current.
So, option (2) is dimensionally correct.
Step 4: Check option (3).
Given,
\[
I=I_0V_0\left(e^{\frac{V}{V_0}}-1\right)
\]
The exponential term is dimensionless.
Therefore, RHS has dimensions:
\[
[I_0][V_0]
\]
That is,
\[
(\text{current})(\text{potential})
\]
But LHS has dimensions only of current.
Thus, dimensions do not match.
Hence, option (3) is dimensionally incorrect.
Step 5: Check option (4).
Given,
\[
I=I_0\left(\frac{V}{V_0}\right)\left(e^{\frac{V}{V_0}}-1\right)
\]
Both
\[
\frac{V}{V_0}
\]
and
\[
e^{\frac{V}{V_0}}-1
\]
are dimensionless.
Therefore, RHS has dimensions:
\[
[I_0]
\]
which matches current.
So, option (4) is dimensionally correct.
Step 6: Final conclusion.
Hence, the dimensionally incorrect expression is
\[
\boxed{(3)}
\]