One of my client is having following incomes; 1. Salary 2. House Property Loss 3. Presumptive profits u/s 44AD 4. Transport business u/s 44AE 5. Income from Partnership firm.
I was using Winman Software and they suggested me to file this return in Form ITR-4 instead of ITR-4S
Later once the eturn was processed by CPC the client received a mail telling that the return is defective due to non filling of Profit and Loss account and Balance Sheet. Since the incomes were all presumptive, there is no need of filling out P&L and BS. Can you please advice me on this?
CAclubindia
