Notice u/s 139(9) of defective return
This query is : Resolved
04 May 2018
ITR 7 had been filed in case of a charitable trust for FY 2016-17. It is registered u/s 12A and 80G. It was not liable for tax audit for the year under consideration.
Notice u/s 139(9) has been received mentioning error code 92 stating error description:
Assessee has filed return in Form Type 7, and has not
claimed any deduction/exemptions under section 11 or
clauses of Section 10 or Section 13A or Section 13B in
Schedule Part B-TI of the return.
and resolution :
If eligible for benefit of deduction/ exemption under section
11 or clauses of section 10 or section 13A or Section 13B
the same need to be claimed in the return. In case the
assessee is not an institution required to file return under
section 139(4A) or 139(4B) or 139(4C) or 139(4D) or
139(4E) or 139(4F) the return should be filed in prescribed
form i.e ITR 1 to 6 , as applicable.
I am not able to get what deduction/exemption they are asking to claim.
Kindly guide me on the same.
Notice u/s 139(9) has been received mentioning error code 92 stating error description:
Assessee has filed return in Form Type 7, and has not
claimed any deduction/exemptions under section 11 or
clauses of Section 10 or Section 13A or Section 13B in
Schedule Part B-TI of the return.
and resolution :
If eligible for benefit of deduction/ exemption under section
11 or clauses of section 10 or section 13A or Section 13B
the same need to be claimed in the return. In case the
assessee is not an institution required to file return under
section 139(4A) or 139(4B) or 139(4C) or 139(4D) or
139(4E) or 139(4F) the return should be filed in prescribed
form i.e ITR 1 to 6 , as applicable.
I am not able to get what deduction/exemption they are asking to claim.
Kindly guide me on the same.
05 May 2018
In case of institutions registered u/s 12A, the expenses against its receipts should
be for its ' objects viz., generally for charitable purposes. That type of expenditure
can be claimed u/s 11 and should be specifically shown in ITR-7 otherwise the
return may turnout to be defective.
be for its ' objects viz., generally for charitable purposes. That type of expenditure
can be claimed u/s 11 and should be specifically shown in ITR-7 otherwise the
return may turnout to be defective.
07 May 2018
gross receipts were around 800000 before claiming deduction u/s 11 for FY 2016-17 and audit report form 10B is not filed yet.
Is it necessary to file audit report in form 10B in this case? And if yes can it be uploaded now?
Is it necessary to file audit report in form 10B in this case? And if yes can it be uploaded now?
07 May 2018
Gross receipts is not the criteria .Audit is required if the total income before claiming exemption u/s 11 and 12 exceeds Rs. 2,50,000 in financial year 2016-17,audit report has to be obtained in form 10B.
In reply to 139(9), ITR-7 and 10B can be e-filed.
In reply to 139(9), ITR-7 and 10B can be e-filed.
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
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- Merchant Export Accounting
- SGST balance is there in credit ledger how to adjust for cgst
- Internship/Academic shown in Salary Pay Slip of a Doctor
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
