Defective return declared 139(9) ay 2017-18 under secn 44d
This query is : Resolved
15 March 2018
As per Our return under ITR-3 , following data for example given :
Gross receipt Under 44AD ( business ) ----------1166945 /-
A income under Labour Charges Being ( manufacturer of Fans/ coolers ) Rs 56850 /-
Actual profit ----------------------Rs 350084 /-
Since declaring 8% under 44AD --------93356/-
Higher of Assessable profit ----------- 350084 /-
TOTAL Business & profession -----3500084 + 56850 =. 406934 /-
The. Net profit shown in filing return Ay 2017 -18 as ------ 406934 /-
The gross receipt , expens & net profit shown as filled under Specfic column in Itr " part( B ). "NO BOOKS of accounts are being MAINTAINED " Even then our return is being shown as Defective 139(9) . Stating Error code 180 & also another wording stating separately as under :-
"Total revenue from "operations & Gross receipts " in P&l should be greater than or equal to sum of u/s 44AD in schedule BP 0f detailed ItR -3 Form , which we kept in view . Still kindly Guide how to proceed with Authority or refilling return w/o changing figures to keep our return Valid .
Gross receipt Under 44AD ( business ) ----------1166945 /-
A income under Labour Charges Being ( manufacturer of Fans/ coolers ) Rs 56850 /-
Actual profit ----------------------Rs 350084 /-
Since declaring 8% under 44AD --------93356/-
Higher of Assessable profit ----------- 350084 /-
TOTAL Business & profession -----3500084 + 56850 =. 406934 /-
The. Net profit shown in filing return Ay 2017 -18 as ------ 406934 /-
The gross receipt , expens & net profit shown as filled under Specfic column in Itr " part( B ). "NO BOOKS of accounts are being MAINTAINED " Even then our return is being shown as Defective 139(9) . Stating Error code 180 & also another wording stating separately as under :-
"Total revenue from "operations & Gross receipts " in P&l should be greater than or equal to sum of u/s 44AD in schedule BP 0f detailed ItR -3 Form , which we kept in view . Still kindly Guide how to proceed with Authority or refilling return w/o changing figures to keep our return Valid .
15 March 2018
Please enter additional details for non maintaining books of Accounts GP, Exps , NP , in Balance sheet Please provide details pertains to Debtors , Creditors, Cash and Stock balances. enter Original ack number & Date , CPC ref number and notice date u/s 139(9) generate xml and upload same in Income tax login response notice against 139(9)
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