i got the same problem.. have you got any solution regarding this.. plzz reply
Regarding notice under section 139(9)
Page no : 3
Mukesh Kuriyal
(Advocate)
(2216 Points)
Replied 18 May 2016
In Case You Have Got Notice Fill the Details(name,address,pan number,percentage of share,status,rate of interest,Remuneration Paid) Of All The partners In PART A-GENERAL(2).Now Go To SNo Of 54 Of PROFIT_LOSS and fill the columns of Gross Receipts,Gross Profit,Expenses,Net Profit.
Note That
Gross Receipts/Gross profit=Total Turnover-----(1)
Then Calculate Net Profit=More Then or equal to 8.0% Of Gross Receipts-(Total interest + Remuneration Given) If Gross receipt is Less the One Crore-----(2)
Now Expenses=(1)-(2)
Mukesh Kuriyal
(Advocate)
(2216 Points)
Replied 18 May 2016
Dont Forget To delete the Amount In SNo 38 Of P & L Account
Recent Topics
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
Related Threads
CAclubindia
