banner_ad

Section 139 (9) - defective return

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
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.
Profile Image

Nikhil Kaushik

Profile Image

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.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
27 December 2013 and the above needs to be done within 15 days of receiving the notice.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details