02 June 2016
ERROR CODE 27 Error Description-Assessee claiming more income U/S 44AD as compared to gross receipt in ITR 4S. Probable resolution-For assesses claiming income chargeable under section 44AD, the total gross receipts should be less than Rs.1 crore. Tax Payer has to provide correct information about gross receipt and presumptive income U/s 44AD. Tax Payer is required to fill relevant ITR form in the new xml which will be filed in response to this communication. I offered Total Turnover Rs.2168850 Profit Rs.173508 under 44AD IN ITR 4S. friends pls give your suggestions.