I just filed the ITR3 (AY 2018-19) with the new released software dated 07/07/18. In nature of business I have entered code "00001" has suggested. Under BP A24 the new ITR3 has break up table like Salary, Commission, Interest, others. I filled the value under BP A24 a) Salary. Was able to successfully file the ITR3 and got the ITRV. Later the same email from IT Dept that the returns are defective and asking to fill in the P&L and BS.
Please advise.
I just filed the ITR3 (AY 2018-19) with the new released software dated 07/07/18. In nature of business I have entered code "00001" has suggested. Under BP A24 the new ITR3 has break up table like Salary, Commission, Interest, others. I filled the value under BP A24 a) Salary. Was able to successfully file the ITR3 and got the ITRV. Later the same email from IT Dept that the returns are defective and asking to fill in the P&L and BS.
Please advise.
I found... IF Total of ITR-3_AY_2018-19 Schedule-BP A-24 Total is more than 1,26,000 ( any slary/interest etc..) it throws the error ... defective u/s 139(9). and ask for b/s and p&l it will start from 1,26,001
An Individual having income from partnership firm as remuneration , Interest on capital, share of profit has not any ITR UTILITY at efiling portal. Probably it is blunder.
As far as ITR 5 available at eportal of IT site is not working properly. After filling the form save dradt is working but when save button is click, it says ' Invalid ITR or assesment year' is wrong.
Department must have take immediate action to ressolve the problem or has to purchase fortware from market.
CA K K JHA
" An Individual having income from partnership firm as remuneration , Interest on capital, share of profit has not any ITR UTILITY at efiling portal."
Individual (partner in a firm) has to file ITR3.
ITR 5 is for Partnership firm or AOP/trust ...
" An Individual having income from partnership firm as remuneration , Interest on capital, share of profit has not any ITR UTILITY at efiling portal."
Individual (partner in a firm) has to file ITR3 with '00001' business code ....
Thanks for your valuable information.
As the updated ITR3 is much easier to mention income from partnership firm rather than the previous version.
These are the breakups:
Schedule BP - A 24a, 24b, 24c, 24d, 24e
In case you have filled all the require details and if you are not having propritorship concern whose details are required to be filled in BS & P&L accounts........ then no question of any defect. This is auto-generated intimatation all most all ITR3filers have received........ without any link for reply in the e-filing account.
Secondly, let the CPC clarify about any defect, which needs to be rectify; at that time one can file rectification.........
Rambhia Sir, Please advise me, my client want's to file 2015-16 and 2016-17 ITR's now for VISA purpose, what are all the possibilities for filing the same now either online or offline.
@ Saravana kumar......
Officially only one way, in case any refund due or loss to be carried forward (of that particular year)..... i.e. u/s. 119(2)(b)
But otherwise check with your Juridictional ITO office for any NIL compliance cerification, for the specific purpose.
Thanks a lot, sir. I will check my jurisdictional officer.
Fill the Last details in the sheet BS and Profit and Loss named "No Account Case"
In Balance sheet:
6a
6b
6c
6d
and in Profit and Loss:
53(i)
53(ii)
Interest and Remuneration in Sheet BP:
24a, b, c, d, e
If all transactions are through banking channel....... no tax audit liability......
CAclubindia
