Common reasons for a defective return notice include errors in format, missing tax proofs, incomplete account statements, or the absence of mandatory audit reports for certain entities. Other reasons ...
There are various reasons that can make your income tax return (ITR) defective for the tax department. For example, selection of a wrong ITR form, information missing or not properly mentioned, filing ...
Defective ITR: If your income tax return is found defective, the Income Tax Department will notify you of the defect through a notice issued under section 139(9) of the Income Tax Act. This notice ...
The deadline to file an income tax return (ITR) passed on July 31, 2024, following which eligible taxpayers received either a refund or an income tax (I-T) notice intimating them that there was ...
Are you worried of a tax notice hitting your mailbox despite filing your return on time? Don't let a tax notice intimidate you. If the notice is sent under section 139 (9) of Income Tax Act, it is ...
The assessing officer can also allow extended period on the application. If you make any mistake in filing income tax return (ITR), then you will get a defective return notice as per Section 139(9) of ...
Filing income tax returns (ITR) is something you do not do often or are not used to doing, hence prone to make mistakes. In such cases, your ITR is considered as a 'defective return' and as per ...
ISLAMABAD: Karachi Tax Bar Association (KTBA) Wednesday conveyed to the Federal Board of Revenue (FBR) that the income tax return form was still "defective/incomplete" and incorrect computational ...
Ari had purchased six white shirts from his local clothing store before going to learn for the year in Israel. He decided to leave the shirts in their original packaging and open them during the year ...
ITR filing will be mandatory for you, if your earning is above the exemption limit of Rs 2.5 lakh or there was any TDS. Income Tax Return 2019-20: Filing income tax return (ITR) is mandatory for all ...