I filed ITR 4 in July as I have income from business and more than 1 house property and capital gain. I opted for 44AD, and declared profit higher than 8% of gross turnover. I received a notice u/s 139(9) with defect type 31, asking me to submit details of P & L and B/S I replied to the notice on line at e-filing site stating that I filed return under "No Account case" as I opted for sec 44AD and these details are not required. The reply was accepted. I did not file any revised return. The return has not yet been processed and I have not got refund of tax due to me.
Now I realise that I did not fill any figure in Schedule BP under line 35(i), - Profit deemed u/s 44AD -- which I should have. This may be the reason why ITR has not been processed as yet. Now I am not able to file a revised return or Return in response to Notice u/s 139 (9) . Please suggest what should I do?.
CAclubindia
