Notice solution in u/s 139(9)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2017 i have two business. when i file ITR 4 for A.Y. 2016-17 i declear profit in u/s 44ad in business A & prepare books of account in business B. but in business B no any trading a/c (personal books/ statement of affair) but in assessment IT Department send me a notice u/s 143(1b) that your return defective. send a letter u/s 139(9) with error code 80 (gross received is not mentioned in the profit & loss a/c or declaring profit of 8% or more of gross receipts as per section 44ad ). so what the remedy in this case. so pleases give me a suggestion in this cases as soon as possible.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 June 2017 You have to opt for 44AD for both the business combined or opt out. Take the help of CA near by to file your return rightly accepting the error.

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