Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

When is an ITR considered as invalid return ?

Hitesh Khanna (Accounting & Finance Taxation Company Law Audit ) (839 Points)

21 December 2016

I need to know the provisions of defective return vs invalid return.
This issue need all of yours cooperation and urgent attention.

Reply
Follow
Share

5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160682 Points)
Replied 21 December 2016

Main difference is if any information is missing or requires rectification, its termed as defective and a chance is given to assessee for any such addition/revision.

But in some cases its termed as invalid, like verification itself defective, or self assessment tax not paid before filling return, or even legal heir sighning return on behalf of deceased without its registration etc. (in short, irrepairable cases, in view of AO)

Mukesh Kumar (Accounts Manager) (1466 Points)
Replied 21 December 2016

DEAR RAMBHIA SIR,

I AM VERY IMPRESS WITH YOUR CONSULTANTY .

SO IF YOU DO NOT MIND , I WANT TO ASK TO A QUARRY FOR MY JOB AND SALARY SCALE.

1. MY EDUCATION IS ONLY B.COM.

2. MY WORK EXPERIENCE IS 5 YEARS

3. I DO VERY HARD WORK WITH MY JOB RESPOSIBALITY .

4. I HAVE GOOD EXPERIENCE FOR WORK OF SERVIE TAX , VAT, INCOME TAX , EPF, ESIC, TDS,

5. I HAVE ATTEND 4-5 INTERVIEW FOR NEW JOB AND EVERY TIME QUILIFY .

6. BUT I MISS THESE JOB DUE TO LOW SALARY SCALE (APPROX. 25K TO 30K)

7. THE MAIN REASON OF THIS IS MY EDUCATION (B.COM)

8. I WANT TO INCREASE MY SALARY SCALE

SO KINLDY PLEASE TELL ME HOW CAN I DO THIS

THANKS IN ADVANCE

1 Like

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160682 Points)
Replied 21 December 2016

Dear Tanush,

Frenkly speaking, don't deny any opportunity (specifically in this period); because you cannot fly, but at the most jump!!!

There is something also called fate, but applies to the person who helps himself.

Compare with other/s equivalant to your cadre, you will fill lucky to get those opportunity!!

Finally, nothing is more lucrative than self owned profession. Why don't you add any professional degree/certificate by some distance course? That will surely reduce your hurdle.

Wish you Good Luck.