Section 139 (9) - defective return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2013
Hi all!!
We have recd a notice which states " assesse has claimed loss under the head Business and profession; however has not filled BS and P&L and not got the books audited." (error code 32) I have following queries:
1) If we claim loss (which we have), is it mandatory to fill complete p&L? We had filled " No accounts case" part because proper books are not maintained
2) Do we have to get the books audited?
The t/o does not crosses 60L or 1 Cr
What should be appropriate response to the notice.
We have recd a notice which states " assesse has claimed loss under the head Business and profession; however has not filled BS and P&L and not got the books audited." (error code 32) I have following queries:
1) If we claim loss (which we have), is it mandatory to fill complete p&L? We had filled " No accounts case" part because proper books are not maintained
2) Do we have to get the books audited?
The t/o does not crosses 60L or 1 Cr
What should be appropriate response to the notice.
Nikhil Kaushik
(Expert)
27 December 2013
yes it is required. You don't have to respond to the notice. Kindly prepare the Balance Sheet and P&L and get it audited. Refile the income tax return and upload the audit report online.
Nikhil Kaushik
(Expert)
27 December 2013
and the above needs to be done within 15 days of receiving the notice.
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