Non specified profession (section 44aa)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 August 2018
Please resolve following query
We have Winman Software for income tax returns.
In one of our client, we are showing books not maintained case for 'Non specified profession'.
Client is having retail business.
So when I am selecting 'retail business' in nature of business following query gets occured
Please check! You have entered 'Gross receipts from Profession' in 'ITR Data entry' window but not selected nature of profession in 'Nature of Business / Profession' sub-table under 'ITR Information'. Please enter the same. Otherwise, return may be defective u/s 139(9).
Basically winman software is saying to select 'profession' in nature of business coloum.
However according to income tax act Non specified business includes both business and profession.
We have Winman Software for income tax returns.
In one of our client, we are showing books not maintained case for 'Non specified profession'.
Client is having retail business.
So when I am selecting 'retail business' in nature of business following query gets occured
Please check! You have entered 'Gross receipts from Profession' in 'ITR Data entry' window but not selected nature of profession in 'Nature of Business / Profession' sub-table under 'ITR Information'. Please enter the same. Otherwise, return may be defective u/s 139(9).
Basically winman software is saying to select 'profession' in nature of business coloum.
However according to income tax act Non specified business includes both business and profession.
Nikhil Kaushik
(Expert)
14 August 2018
well there is a detailed list of professions in the business/profession code. So select the right code.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Visiting card purchase
- Query on effect of registration of property
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Equity Share Sale and Purchase
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
