How to show income in itr

Save Share

This query is : Resolved

CA AMIT KUMAR SHARMA (Querist)

22 March 2017 hello sir/mam, i filed an itr4 for my client and showing some income from coaching classes and some income from 44 ad for coaching classes i fill profit & loss account but for 44 ad income i did not filled any balance sheet and profit & loss account .... so i want to know whether they can issue notice under section 139(9) and when i ll get notice how to reply that notice....and what should be the best method to file itr in case of income from coaching and some business income too....can i fill tution income in other sources and business income in 44 ad...so that he should not want to prepare books of accounts. Thanks plz advice expert.. in two three dayz i hv to file another return for 16-17 a/y ...so that i does not do dis mistake or any mistake again in filling return

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)

22 March 2017 You should show tuition also under income from business and profession u/s 44AD. Fill gross receipts, gross profit, expenses and net profit only in Sch P&L and stock, cash, debtors and creditors only in Sch BS f the return.

CA AMIT KUMAR SHARMA

CA AMIT KUMAR SHARMA (Querist)

22 March 2017 Thanks sir but i filled return without filling cash stock debtors and creditors....now what should do ??

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now