Tax questions on Income Tax

I got a notice of defective return u/s 139(9) with Error code 181

I got a notice of defective return u/s 139(9) with Error code 181 as below: Sl.No: 1 Error Code: 181 Error Description: a) The Gross receipts is not mentioned in the Profit & Loss a) Gross receipts to be entered in the Profit and loss A/c. OR b) The profit shown is less than 50% of the gross receipts as prescribed u/s 44ADA but has not mentioned the maintenance of the books of accounts and...

correct NOB in ITR-4 under section 44ADA for software developer

Dear Experts, I am working as unregistered freelance software developer. I filed ITR-4 under section 44ADA. I got an email from CPC Bengalaru that the ITR is defective and the error code is 89 which tells that "The provisions of Section 44ADA not applicable to the taxpayer. The nature of business code in Sch NOB is not a profession, and the income disclosed under Section 44ADA income is...

Notice u/s 139(9) error code 181

I am an engineering consultant with gross receipts under 50 lakhs during F.Y. 2016-17. I filed ITR3 on 20/06/2017 declaring profits higher than 50% of gross receipts. Figures were given under 53(ii) a to d of Part A, P&L. I also showed the same profit figure in item 35 ii of Schedule BP. I have shown NOB under code 0703 - Consultancy services. I have now received a notice u/s 139(9) with er...

Revision of ITR1 for Income added under AY 2014-15 on 09/Aug/2017

I had during AY 2013- 14 commuted my pension (1/3rd) from my previous employer upon resignation. No tax was deducted on the same by the employer. I had filed my returns not stating the the commuted pension as this is not taxable. Today i received a mail from my previous employer stating that the commuted value of pension received from an approved superannuation fund is governed by Provisions...

How to respond notice u/s 139(9)

I have received a notice from IT department for having filed defective return for AY 2017-18. The notice says: Error Code 86 As per Section 44AD(6) of the Income Tax Act, 1961, the provisions of Sec.44AD are not applicable to – (1) persons carrying on professions that are referred to in Sec.44AA(1), (2) persons earning income in the nature of commission or brokerage, and (3) persons carrying o...

Notice U/s 139(9)

Dear Experts, I have Filed income tax for my Sister as she has beauty parlor Business under 44ADA and after more than 2 months i got communication from CPC u/s 139(9) that it is defective. In original return I have mention the code of business as 0714- Service Sector Other Error code is 89- The provisions of Section 44ADA not applicable to the taxpayer. The nature of business code in Sch NOB ...

Notice u/s 139(9)of Income Tax Act, 1961.

I am a post office agent so i earned from commission..........i fill my tds return as itr 4 but i today got a mail showing ERROR CODE-86 As per Section 44AD(6) of the Income Tax Act, 1961, the provisions of Sec.44AD are not applicable to – (1) persons carrying on professions that are referred to in Sec.44AA(1), (2) persons earning income in the nature of commission or brokerage, and (3)...

Defective return communication u/s 139(9) from Income Tax Departm

Dear Experts, I have filed income tax as a consultant Financial planning and analysis under 44ADA and after more than 2 months i got communication from CPC u/s 139(9) that it is defective. Error code is 89- The provisions of Section 44ADA not applicable to the taxpayer. The nature of business code in Sch NOB is not a profession, and the income disclosed under Section 44ADA income is more tha...

Defective return communication u/s 139(9)

I am an individual engineering service consultants, I m getting income under 194J , as a consultant to an Engineering firm. I had filed my ITR of AY 2017-18 via ITR 4S PRESUMPTIVE BUSINESS AND PROFESSION RETURN. but now i have got notice for defective ITR , reason is written as below ----- error code 89 -- stating that the provision of section 44ADA is not applicable you.The nature of bus...

Defective return communication u/s 139(9) from Income Tax Dep.

Dear Experts, I have filed income tax for my mother as she is working as a teacher in private school and providing private tuition to students also under 44ADA and after more than 2 months i got communication from CPC u/s 139(9) that it is defective. I have used the code 607. Error code is 89- The provisions of Section 44ADA not applicable to the taxpayer. The nature of business code in Sch N...

Receive Notice u/s 139(9)of Income Tax Act, 1961.

I got email from Incometax department giving information as "The return of income filed by you for Assessment Year 2017-18 vide acknowledgement no. [deleted] dated [deleted], is considered defective u/s 139(9) of the Income Tax Act, 1961 as it is found to contain certain defects which has been annexed in. Error Code : 86 Error Description : As per Section 44AD(6) of the Income Tax Act, 1961, ...

Nob for web developer freelancer section 44ada in itr-4

Hello, I am full time web developer working with foreign clients, and the payment deposited to my bank directly via PayPal and Upwork (online portal for freelancers), so basically I work as freelancer in web development. So, based on reviews online at different websites, I had filled my IT return via ITR-4 this time under section 44ADA, presumptive taxation for professionals at 50% where ...

Notice u/s 139 (9) error 86

I have received a notice from IT department for having filed defective return for AY 2017-18. The notice says: Error Code 86 As per Section 44AD(6) of the Income Tax Act, 1961, the provisions of Sec.44AD are not applicable to – (1) persons carrying on professions that are referred to in Sec.44AA(1), (2) persons earning income in the nature of commission or brokerage, and (3) persons carrying on...

Income tax for mobile developer earning only from app store

I have mobile app earning revenue from download of paid version and advertisement revenue in free version. The total receipt is bit over INR 10,00,000. There was no books of accounts maintained as there is no daily exchange of cash/money, only monthly payment from the App store are credited to a savings account. As the sales are indirect (Store deals with the customers), and considering the ser...

Notice for defect u/s139(9) error code 311

I have received a notice from department stating that there is defect in the ITR filed for AY16-17. I have filed ITR-4 being a tuition teacher (Nature of Business 0607-Professionals Others). Point number 53 of P&L (No account case) filled with Gross Receipt 282000 & Net Profit as 258824. Balance Sheet, point number 6d "Amount of cash balance" entered as 0 [with an understanding that all cash I ...

Tax Benefit by sub- letting a property to wife

Hello, Need your expert advice on tax saving planning on the "Rental Income" Scenario 1: Mr.X is the owner of the property and He is receiving a rental income of Rs.100 ( example) , and he wants to sublet this property to his spouse Ms.Y for Rs.50 ( example) , and the Mr.X and Ms.Y has a legal agreement of lease and sublet clause mentioned , hence now Ms.Y gets the Rental Income of Rs.50...

Forgot to claim relief u/s 89

I have a query regarding the claiming of relief u/s 89(1). The tax payer is a government employee who has received arrears of salary in FY2015-16 for the past years.While computing the tax liability for FY 2015-16, no relief was considered and the income tax for the FY2015-16 was filed by March 2017. There was no mention of the amount of relief u/s 89 in the tax return (Please note that the re...

Communication u/s 143(1)(a) for PAN AVJxxxxx4N for the A.Y. 2017-

I have received this intimation from the Income Tax Department Regarding my ITR Filed. I have computed my income exactly as per my Form 16. What to do now Please Guide. Dear Tax payer, Please find attached the communication on proposed adjustment u/s 143(1)(a) from the Income Tax Department, Centralized Processing Center (CPC) with respect to the return of income filed by you for the PAN ...

Clarification on Section 196A in The Income- Tax Act, 1995

I am NRI and made MF investment from my NRE (External) account. So I am exempted from Income tax as per sub-section (2) of the above section 196A. Please confirm. Please clarify on sub-section (2) for the words "......no deduction of tax shall be made from any income payable in respect of units of the Unit Trust of India to a non- resident Indian or a non- resident Hindu undivided family, wh...

Placing spouse as a salaried employee

I am a technical consultant providing scientific consultancy services to different interested organizations. Nature of my work is mostly home-based with travel to client project locations. Till now I paid service tax and now will be paying GST for my services. The expenses that are incurred for business purpose, like travel and communication, are deducted from my total income. This is as per th...