ITR form

Page no : 2

Raju Miskin (article Asst.) (125 Points)
Replied 03 October 2017

my NP is 35000, As per section 44AA exemption for non mentainance of books of accounts is only up to Rs 12000p

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RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 03 October 2017

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Can't understand this one...!?!

Raju Miskin (article Asst.) (125 Points)
Replied 03 October 2017

sorry sir my NP is 350000, As per section 44AA exemption for non mentainance of books of accounts is only up to Rs 12000p

Raju Miskin (article Asst.) (125 Points)
Replied 03 October 2017

sorry sir my NP is 350000, As per section 44AA exemption for non mentainance of books of accounts is only up to Rs 120000

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (182247 Points)
Replied 03 October 2017

You query started with........

"i have presumptive profit u/s 44AD but during the 2016-17 i sold one open plot and gained. Which ITR form i should fill ?"

But at last you are confused between section 44AD and section 44AA of IT act...........

Hope you know that sections 44AD/44AE/44ADA override section 44AA of IT act...

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RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 03 October 2017

Originally posted by : Dhirajlal Rambhia
	You query started with........ "i have presumptive profit u/s 44AD but during the 2016-17 i sold one open plot and gained. Which ITR form i should fill ?" But at last you are confused between section 44AD and section 44AA of IT act........... Hope you know that sections 44AD/44AE/44ADA override section 44AA of IT act...

Thank you for the Reply My Dear Dhirajlal Rambhia Sir.,

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Raju Miskin (article Asst.) (125 Points)
Replied 13 October 2017

sir as u said i am filling my return of income in itr3. at the end it is saying that "PLEASE ENSURE THAT RELEVANT FIELD OF BS AND P& L FILLED, OTHERWISE RETURN MAY BE TREATED AS DEFECTIVE UNDER SEC. 139(9)
PLEASE HELP WHAT TO DO