25 January 2024
1. WHETHER UPDATED RETURN FILED U/S 139(8A) BECAME DEFECTIVE U/S 139(9) THEN SUCH RETURN CAN BE RECTIFIED OR CAN BE FILED U/S 139(8A) AGAIN?
2. While filing updated return, the payment of tax u/s 140B was wrongly shown under self assessment tax paid. Defective notice u/s 139(9) has issued asking valid proof of payment of tax as required u/s 140B. Can we use the same challan and file defective notice.
26 January 2024
Penalty payment of 1000 not accepted for updated return. It's not a valid return. Updated return can be filed only in case of tax payable with 25% extra tax payment.
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