Notice of income tax u/s 139(9) error 31.

259 views 4 replies

Respected Sir,

                       I have filed income tax return ITR4 assessment year 2016-17 but income tax department send a notice u/s 139(9) error 31 for fill debtors,creditors and stock in trade.kindly suggest how reply.Return is under NO Account Case and profit is also above 8%.Kindly suggest.Can i fill nil figure.KIndly help i will be very thankful to you.

Replies (4)

Even in no account case the above details are necessary to submit ,Any business must have at least information about these things whether it maintains proper account or not.If at 31st march the calculation has not been done you can take average and fill it.

Showing everything nil means you did not have creditors/debtors/stock/cash in hand at 31st March seems not to be true.

Respected Sir,

                        Thanks for reply.One another thing if i shows debtors nil,creditors nil stock 40000/- and cash in hand 46785/- that will be true.Figures may be vary according to return.

Ya true it can happen that you have realised money from your debtors and there is no debtor any more at a particular date and You have paid all your dues and there is no creditor at a paticulat date.Other things are ok.

Respected Sir,

                       Thankyou.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details