- Please share the copy of defective return notice at aroravivek1982@gmail
Received Intimation that tax return is defective
Taxpayer having income under the head “Profits and gains of Business or Profession” but has not filled Balance Sheet and Profit and Loss Account as required in explanation (f) under section 139(9) read with section 44AA The Part B of the Profit and loss account and Part B of the Balance Sheet (i.e No Account Case Section) should be entered in the corrected return without which the return filed earlier is liable to be treated as invalid.
Asked 5 years ago in Income Tax
You must have filed income tax return under non presumptive taxation scheme and hence you must have received such notice but it would be better if you can have a phone consultation and share notice and return filed by you.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you.
Hi,
It is advisable to share the copy of notice with us or take a phone consultation for detail discussion.
Hi
For business returns, balance sheet and profit and loss statement has to be filed in the ITR.
You need to revise the ITR now with complete information.
We may assist you with the filing.
Hello,
You need to contact us directly or take a phone consultation with us with the original return filed and notice received.
I hope that this answer satisfies your requirements.
Regards,
CA Hunny Badlani
You should file the revised return correcting the defect by filling balance sheet and profit and loss statement
Hello Sir,
You need to file the revised ITR with complete details.
Please take a Phone consultation for better understanding. We can also assist you in filing your income tax return
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