Received a notice u/s 139(9) of financial year 2015 - 16
This query is : Resolved
28 October 2017
Hi all,
I received a notice U/s 139(9)
Error code : 310
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 (d) under section139(9) read with section
44AA.
Probable resolution
The Part A of the Profit and loss account and Part A of the
Balance Sheet should be entered in the corrected return
without which the return filed earlier is liable to be treated as
invalid.
Kindly help us how to rectify above mentioned details.
we received a notice fy 2015 - 16
My turnover was less than 1 crore, ITR - 4 i mentioned No account case Part A - P&L A/c point no.53 (books of account of business or profession not maintained).
Awaiting your revert.
Thank you
I received a notice U/s 139(9)
Error code : 310
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 (d) under section139(9) read with section
44AA.
Probable resolution
The Part A of the Profit and loss account and Part A of the
Balance Sheet should be entered in the corrected return
without which the return filed earlier is liable to be treated as
invalid.
Kindly help us how to rectify above mentioned details.
we received a notice fy 2015 - 16
My turnover was less than 1 crore, ITR - 4 i mentioned No account case Part A - P&L A/c point no.53 (books of account of business or profession not maintained).
Awaiting your revert.
Thank you
28 October 2017
Opt for 44AD and file ITR 4S.
03 November 2017
Thank you very much. Even i have some more query, original return i filed ITR 4, now you suggest to file ITR 4S. Can i get any problem in future.
03 November 2017
No problem in future.
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
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Not able to file ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- FEMA regulation Act. for inward remitance
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
