Hello,
Error Descripttion :
As per Section 44AD(6) of the Income Tax Act, 1961, the
provisions of Sec.44AD are not applicable to – (1) persons
carrying on professions that are referred to in
Sec.44AA(1), (2) persons earning income in the nature of
commission or brokerage, and (3) persons carrying on any
agency business.As seen from the return of income filed,
the nature of business code mentioned is 00711 Software
development agencies, which falls in the categories
mentioned above. Hence, the provisions of Sec.44AD are
not applicable, in your case.
I was filed ITR on 25th July 2017 and right now I got notice from income tax to your ITR are defective.
I was selected nature of Busines 00711 Software development agencies. I was selected this every finacial year not getting notice.
Right now I got ITR defective. I'm freelancer and turn over below 10 lakh and I didnot audit account.
How to handle to notice and how to fix issue?
I need to change nature of business or which business code come under my work.
Please advise here.
Thank you