Income tax return 4 financial year 2017

Save Share

This query is : Resolved

Mudit (Querist)
Follow

25 March 2018 Should we mention details of debtors, creditors and cash detail in Itr 4. If we do not then wat will happen..

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

26 March 2018 Can expect notice stating the return as defective.

Message likes : 1 times

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

26 March 2018 You can fill details in non account case. But if you dont give this details, return is considered as defective return.

RAJA P M

RAJA P M (Expert)
Follow

26 March 2018 No need if it's AY 17-18 as ITR 4 is presumptive taxation scheme. No need to details as above...

Mudit

Mudit (Querist)
Follow

26 March 2018 Sir, I was taking for the A.Y 17-18. Do we really need to mention b/sheet details in that....

Mudit

Mudit (Querist)
Follow

26 March 2018 Sir,I was talking about a.y 17-18. Do we really need to mention b/sheet details in that....

Mudit

Mudit (Querist)
Follow

26 March 2018 Sir,If we do not mention details of debtors and creditors then would it be considered as nil....

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

26 March 2018 You have to mention it compulsorily ........

RAJA P M

RAJA P M (Expert)
Follow

27 March 2018 Yes...
It's considered as Nil. You can fill just 0...

RAJA P M

RAJA P M (Expert)
Follow

27 March 2018 Dear CA Rashmi Gandhi.,
In ITR 4 (AY 17-18) how to its compulsory for Debtors, Creditor, Stock and Cash details?
This return is Presumptive taxation scheme or No books of Accounts cases. Then Why we will feed the details. It's not must in the column... We can just fill it 0...

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

28 March 2018 I receive defective notice u/s 139(9) once on not filing all this. If you have filed return with nil figure without notice then mudit can do so.

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