Comment on Notice under Section 139(9)? - Possible reason
Hi Nithin,
Should i refile using ITR 4S after 15 days (once the 139/(9) that i received for ITR4 expires) ?
Or can i respond to this 139/(9)with ITR 4S ?is it OK to respond with a different ITR form for 139/(9)?
Also in future should I continue with ITR 4S as long as turnover remains below 60 Lakh? and show 8% profit to avoid audit in case i incurred loss or less than 8% profit of the turnover during that FY? and how will the additional tax amount has to be paid . I am salaried and usually my employer deducts TDS and i used to get few thousands refund due to other expemtions that i file using ITR 2 . This is the first time that i might have to pay additional tax outside TDS and would like to know how it would be paid to IT department?
Regards,
Hari