Aman Agarwal (321 Points)
18 August 2021I am trying to file an ITR 3 under Section 44AD but at the time of validation of the return, an error is displayed "Since your income from "Profits and Gains from Business and Profession exceeds the basic exemption limit kindly fill up details in Balance sheet". Since proper books of accounts are not maintained, I filled only item 6 under Balance Sheet. Please suggest a solution
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160451 Points)
Replied 19 August 2021
Report the same under Grievances.
Its software problem.
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 22 August 2021
If you are filing ITR 3 then you have to feed data in BS and PL account
Aman Agarwal
(321 Points)
Replied 22 August 2021
But sir since I am filing the return on presumptive basis u/s. 44AD, proper books of accounts are not maintained so as to feed the data in the BS and PL. In such a case how do I file the return?
vincent gilbert
(articled assistant)
(2 Points)
Replied 20 December 2021
You can add "zeroes " in the respective fields and proceed with filing
SHIKHA KOTECHA
(ARTICLED TRAINEE)
(22 Points)
Replied 26 July 2022
I am getting below when trying to file ITR3 for a client having income from profession (as attached)
when clicking on the suggesting below screen appears:
not sure what is going wrong,need urgent help on this please
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