02 August 2018
I HAVE FILLED AN ITR -3 FOR PARTNER FOR THE ASSESSMENT YEAR 2018-19, AND THE PARTNER IS HAVING INCOME FROM REMUNERATION FROM THE PARTNERSHIP FIRM. SO THAT I DID NOT FILL DETAILS IN P& L BUT THE EMAIL RECEIVED FROM THE DEPARTMENT IS AS FOLLOW-- Defect--- Income from "Profits and Gains from Business or Profession" is greater than 1.2 lakhs but particulars as in "Balance sheet/Profit &. Loss Account" are not filled Impact--Income Tax Return may be treated as defective if particulars in "Balance sheet/Profit &. Loss Account" are not filled Suggested Resolution---Please fill Balance sheet/Profit &. Loss Account . PLEASE SUGGEST ME THE BEST SOLUTION FOR THIS QUERY...