Income tax return filing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 November 2015
Hello Sir,
We have filed ITR 4 for AY 2015-16.
We claimed loss by showing gross t/o and gross expenses in summary form in Part: A of P&L because client is not maintaining books of accounts, so loss is automatically calculated in Part:A.
We received intimation u/s 139(9) for the said assessment year asking for full information of P/L and BS, if we want to show negative Profit.
So, how to give tretment of it???
We have filed ITR 4 for AY 2015-16.
We claimed loss by showing gross t/o and gross expenses in summary form in Part: A of P&L because client is not maintaining books of accounts, so loss is automatically calculated in Part:A.
We received intimation u/s 139(9) for the said assessment year asking for full information of P/L and BS, if we want to show negative Profit.
So, how to give tretment of it???
Amol S Joglekar
(Expert)
10 November 2015
Write books of accounts and provide the detailed information as said in 139(9)
Nikhil Kaushik
(Expert)
10 November 2015
if you want to claim loss in ITR_4, you need to provide proper details of P&L and Balance-sheet.
Nikhil Kaushik
(Expert)
10 November 2015
if you want to claim loss in ITR_4, you need to provide proper details of P&L and Balance-sheet.
ANKIT AGARWAL
(Expert)
10 November 2015
File return u/s 139(9) - show what evr ghas been desired
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