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Defective return for the a,y,16-17 u/s 139 (9)

Amit C Vora (Asstt.) (31 Points)

22 February 2017

Dear Sir/Madam i am file my retrun for the A.Y,2016-17 in ITR4 and i will show income head of profit & gains.My income is commission and i am not claim any expenses and full amount show in retun & i am also not filed Balance sheet & profit & loass account with him.Now i am received notice from IT departments,say that your return filed by you is defective and show ther erroe that you can not filed balance sheet & profit & loss account.so what shoul be i do return revised or what reply should be given to IT departements.

regards Amit

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (176713 Points)
Replied 22 February 2017

For commission income maintaining books of accounts is mandatory. Now, prepare Balance sheet with Profit & Loss accounts, and rectify the ITR u/s 139(9) and upload regenerated X M L.file

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CA Raj Doshi (Practising CA) (8924 Points)
Replied 23 February 2017

Under sec 44aa , commission agent is not a specified profession. hence you can select no account case and file your return u/s 139 (9) or revise your return without the requirement of pnl , balance sheet.

Cyrus Walton (Et reprehenderit qui) (22 Points)
Replied 23 February 2019

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