16 February 2018
One of my relative ( having salary Income ) filed ITR-3 for FY 2016-17. now he received a letter for IT department .That letter is Something about Error code 310 " Taxpayer having income under PGBP head but has not filled P&L and Balance Sheet as required in explanation (d) under section 139(9) read with section 44AA." Now , we are in confusion .what we have to do ?
16 February 2018
If your relative is only earning salary income then he should ITR1. ITR 3 is filed by the partner of a firm if partner only earns income from the firm as a share in the profits and not by any other means such as interest, bonus, salary, remuneration, or commission etc. That is why he has received the notice.. Ask him to file ITR1 if he is having only salary income
Yes sir he is earning approx 2 - 2.5 lacs p.a. under salary head But they file ITR-3 for F.Y. 2016-17 through an E-Mitra . Means we have to file ITR-1 for FY 2016-17 only ? and what about that ITR-3 ( which has been already filed ) and Notice received from IT department. Is there any process for rectification and need to communicate with IT department regarding this error ?