I have filled return under section 44 ad but audit h.
as not done . received notice under section 139(9) . as I have shown profit more than 8 % can I revise my return under 44 ad
plz reply
Menu
Return under 44 ab can be revised under section 44 ad
Replies (2)
Your query not cleared with head & question...
please ask with correct details...
please ask with correct details...
Y
As per query I assume that you have filed return with a tick mark against 44AB but audit not carried out.
Now you desire to revise return using 44AD section.
You can not shift now to 44AD bcoz that option you need to exercise at the of filing return only.
However few views are there that you can do so by filing revised return (thereby avoiding Tax audit).
You may take a chance and file revised return in ITR4 in response to 139(9) notice.
As per query I assume that you have filed return with a tick mark against 44AB but audit not carried out.
Now you desire to revise return using 44AD section.
You can not shift now to 44AD bcoz that option you need to exercise at the of filing return only.
However few views are there that you can do so by filing revised return (thereby avoiding Tax audit).
You may take a chance and file revised return in ITR4 in response to 139(9) notice.
Recent Threads
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
Related Threads
CAclubindia
