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Disallowances/defects identified in the itr

This query is : Resolved 

31 August 2018 Defect
Income from "Profits and Gains from Business or Profession" is greater than 1.2 lakhs but particulars as in "Balance sheet/Profit &. Loss Account" are not filled
Impact
Income Tax Return may be treated as defective if particulars in "Balance sheet/Profit &. Loss Account" are not filled
Suggested Resolution
Please fill Balance sheet/Profit &. Loss Account

31 August 2018 I received income from partnership firm(as capacity of Partner), saving bank interest income. I filed my return without filling Balancesheet and Profit and loss account..



03 November 2021 You should file the remuneration from firm, in Tab 'D' of the schedule BP, and not as TO/sell receipts.


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