Himanshu Lakhani (35 Points)
19 July 2018ANYONE GOT ERROR 310 IN ITR 3 UNDER 44AD SCHEME ?
Kindly advise as I keep getting this notice 139(9) again, for above error EVEN THOUGH I AM PERFECTLY ELIGIBLE UNDER 44AD AND NO ACCOUNTS, ITR 3 WAS FILED DUE TO SMALL CAPITAL GAIN WAS THERE APART FROM MY PROPRIETOR BUSINESS INCOME.
Read more at: https://www.caclubindia.com/forum/create_message.asp
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 July 2018
You may not have opted for 'No books of Account mandatory' in general information .. or no suitable business code....
or your business may not be eligible for Sec. 44AD...
It would be advisable to fill some business transaction details in P&L acc. & BS
Himanshu Lakhani
(35 Points)
Replied 20 July 2018
Dear SIR,
I DID opted for 'No books of Account mandatory' , CLEARLY.
Please understand that my business is 100% eligible for 44AD. It is a business of doing printing and stationary. I filed ITR 3 coz i have small capital gain also.
You are advising to to fill some business transaction details in P&L acc. & BS but sir my accounts have not been maintained in a standard software or so, I do have sales and purchase book and bank statement.
Please kindly advise.
Read more at: https://www.caclubindia.com/forum/anyone-got-error-310-in-itr-3-under-44ad-scheme--473708.asp?offset=0#reply
Read more at: https://www.caclubindia.com/forum/anyone-got-error-310-in-itr-3-under-44ad-scheme--473708.asp?offset=0#reply
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 July 2018
What is code you mentioned for Business?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 July 2018
Did you fill mandatory fields in sr. 6 of BS and sr. 53 of P&L acc. sheet?
Himanshu Lakhani
(35 Points)
Replied 20 July 2018
I just checked sir, below details of table 6 were left blank.
|
Amount of total sundry debtors |
|
Amount of total sundry creditors |
|
Amount of total stock-in-trade |
|
Amount of the cash balance |
And the details of 53 I believe, is of 'previous year' they are asking and they were filled.
Under 310 error from Bangalore, they are asking 'current' year's balance sheet and profit and loss.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 July 2018
Current year details for Processing of last AY ITR ???
No way.........
Follow the query/defect properly...
Himanshu Lakhani
(35 Points)
Replied 20 July 2018
Table 6 details were asked for the relevent year only (AY 17-18) and these were left blank, I agree.
But 53 was filled with all the details but they were asked for "previous year" (AY 16-17) as mentioned in ITR3.
So my mistake is in Table 6 left blank.
Himanshu Lakhani
(35 Points)
Replied 20 July 2018
Table 6 details were asked for the relevent year only (AY 17-18) and these were left blank, I agree.
But 53 was filled with all the details but they were asked for "previous year" (AY 16-17) as mentioned in ITR3.
So my mistake is in Table 6 left blank.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 July 2018
That is what CPC required to be filled....
AY 2017-18 relates to all the figures/data for FY 2016-17....... that is the meaning of previous year...... Though in query it may have been mentioned as 'current year' in wordings. (i.e. current assessment year)
Himanshu Lakhani
(35 Points)
Replied 20 July 2018
Thanks a lot sir. I will do the needful.
How do they verify whether some one puts correct figures or not ?
Thanks again !!
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 July 2018
That is what they are trying to achieve slowly & steadily. ......
God Bless......
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