Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Defective Return

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Experts, Pls advice me in the following matter. In my return for AY 13-14 I have shown losses from F O transaction as business loss amounting to3,30,000.00. My income from other sources is3,45,000 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .00. Now I have received a notice of defective return for the above. The base being 1) Assesee entering negative amt. in Gross profit or net Profit ( no account case) I just filled up the exp as3,3 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0,000.00 leaving other details such as gross receipts n gross profit blank. 2) another error is where assesee furnish total amount deducted in Sl.2,3,4,and 5 of schedule BP should be consistent with .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... total credits in the P and L Sl.no. 5 I have not entered any amt except the loss which is automatically carried to the schedule BP point no.1 Sir , please advice me to deal the following situation . .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Should I fill other ITR or use ITR 4 again. If ITR 4 is to be used where to show the amts.? Thanks in advance. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... above issue? If not please inform. - Defective Return - Query Started By: - rajul begani Dated:- 16-3-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates