Question ID :
41043
Income Tax Return - Defective Return Notice
Dear Professionals,
One of my friend's filed ITR for one of his clients, subsequently he got notice of defective return due to non-maintenance of books of accounts. In that return, Capital Gain income was wrongly calculated and interest income was also not disclosed.
Now, in response to 139(9) notice, can we only fill full financials as the defect was due to this reason only OR we can also disclose interest income and correct capital gain income in response to said notice. If we change income, can ITR be again treated as invalid??
Posted by
CA ROHIT GARG
on
May 13, 2021
Filed Under
DIRECT TAXES
You should take the practical approach.
Posted by
CA. JHA SHANKAR KUMAR on
May 14, 2021
Answer ID :
81113
hi,
if you change income , ITR wouldn't be treated as defective.
Thanks and Regards
CA Manuj Sharma
8130045669
Posted by
manuj sharma on
May 16, 2021
Answer ID :
81120
As now the revised return due date has been extended it is better to file complete and correct return.
Posted by
NAMAN MALOO on
May 21, 2021