Defective return
This query is : Resolved
10 June 2019
Mr. X has Gross Commisson Income of Rs. 400000.00 ( Net is 200000.00) and has 44AE ( 2Truck Income).
REturn submitted without books of Account. Showing
Business Income U/s 44AE and
Business Commission Income With out Books of Accounts .. Rs. 200000.00
Received Defective Return Notice....
Reason of Same ????
REturn submitted without books of Account. Showing
Business Income U/s 44AE and
Business Commission Income With out Books of Accounts .. Rs. 200000.00
Received Defective Return Notice....
Reason of Same ????
11 June 2019
Your combined income exceed 2.50 lacs so you need to maintain accounts for commission income.
Declare commission income under account case and fill BS and P and L.
Declare commission income under account case and fill BS and P and L.
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