Notice for defect u/s139(9) error code 311

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This query is : Resolved

AMITA BANSAL (Querist)

26 February 2019 I have received a notice from department stating that there is defect in the ITR filed for AY18-19. I had filed ITR-3 for lic agent having some agricultural income .I had filed the return with sale of goods, agricultural income and some petty expenses with TDS ( tax refundable). Error Description - Taxpayer having income under the head “Profits and gains of Business or Profession” but has not filled Balance Sheet and Profit and Loss Account as required in explanation (f) under section 139(9) read with section 44AA. Probable Solution - The Part B of the Profit and loss account and Part B of the Balance Sheet (i.e No Account Case Section) should be entered in the corrected return without which the return filed earlier is liable to be treated as invalid. Please let me know what correction I need to do?

VIJAY KUMAR

VIJAY KUMAR (Expert)

27 February 2019 DearAmita,
Please prepare a PL and BS, fill the figures and upload the new xml by selecting defect return filing u/s 139(9), giving reference of notice received u/s 139(9).

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AMITA BANSAL

AMITA BANSAL (Querist)

27 February 2019 Sir,
As I'd filed ITR-3 for a lic agent , Is it completely okk or Should I filed a revised return. If it's ok with ITR-3 then what changes need to make in P/L and Bs

VIJAY KUMAR

VIJAY KUMAR (Expert)

27 February 2019 ITR 3 is OK and correct, Just fill Profit and Loss account and Balance sheet figures of LIC agency business in ITR 3, while filling ITR 3 give reference of intimation/communication of notice u/s 139(9) and upload on IT website.

AMITA BANSAL

AMITA BANSAL (Querist)

27 February 2019 Thanks Sir. I got my answer

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