A co-operative housing society with a PAN registered as Artificial Judicial person has filled a defective return (they did not receive deduction under 80P due to their AJP status even though they are eligible for it) , now they have received a notice u/s139(9).
They have come to me for advice,
1) I cannot file a revised return in reply to 139(9) as they still cannot claim their 80P deduction due to their AJP status .
2) Change in status from AJP to Co-operative society it is a compulsion to surrender the AJP Pan to AO and obtain a co-operative society PAN
What is the best course of action Should i seek an extension to 139 (9) from AO ,and state that the extension be granted till there is change in status or is their any other way?
CAclubindia
