ADNAN HUSSAIN (Student CA IPC / IPCC) (157 Points)
28 November 2020Hello,
I have filed return u/s 44AD and the same has been processed. Now i want to file as per books of accounts, so can i revise the ITR now and file with Profit and loss account and balance sheet?
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 28 November 2020
rama krishnan
(12239 Points)
Replied 29 November 2020
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 November 2020
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 29 November 2020
I have filed return u/s 44AD, so can I revise and file as per profit and loss ac?
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 29 November 2020
rama krishnan
(12239 Points)
Replied 29 November 2020
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 29 November 2020
But the original one is already processed
rama krishnan
(12239 Points)
Replied 29 November 2020
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 29 November 2020
Okay thankyou so much, and one more things as I filed original u/s 44AD so declared income 300000 now as per profit and loss I'm showing 50000 in revised return... Is it fine?
rama krishnan
(12239 Points)
Replied 29 November 2020
Hemant Ambolkar
(2 Points)
Replied 30 November 2020
Dear Rama Sir, if I check my last years return status, it shows details or links for
1] ITR Filed : ITR-V/ Acknowledgement, XML, ITRForm
2] ITRV Received: Receipt Date, Communication Referene No., E-Mail-SMS Dates etc.
3] ITR Processing completed : Here I Have 1] Date of Order, 2] Date of SMS, 3] Date of Email 4] Refund Details 5] link to download Intimation Order u/s 143[1] i.e. Summary Assessment.
My question here is that is there any time gap between ITR Processing Completed details appearing in the status on portal and issue of order like 143[1].
I think that once order is issued then only you can see details for ITR Processing Completed.
CAclubindia
