F.Y 2017-18 ITR 5 filed and profit shown below 8%

ADNAN HUSSAIN (Student CA IPC / IPCC) (157 Points)

25 July 2020  

Hello,

i had filed return for partnership firm F.Y 2017-18, turnover was Rs. 18 lakhs and profit Rs. 5000 i.e below 8%, due to lack of time on the last day the turnover and profit was shown in no books of accounts case, the ITR was filed and was processed.

 

Will it cause any issue now?