Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Sanjeev Govila |458 Answers |Ask -Follow

Financial Planner - Answered on Sep 20, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more

Question by shrinivas on Aug 10, 2023Hindi

Money

what is 139 (9) income tax notice

Ans: Section 139(9) of the Income Tax Act, 1961, states that when a return is found defective, the Income Tax Department will send a defective notice via email on the registered email id.

A defective return under Section 139(9) of the Income Tax Act, 1961 occurs when crucial information is either omitted or inaccurately entered in an income tax return. This triggers the issuance of a defective return notice by the IT Department, aimed at rectifying the inaccuracies.

Reasons and Situations Leading to Defective Return Notices:

1) Incomplete ITR
2) Missing Tax Information
3)TDS claimed without corresponding income
4)Discrepancy in Gross Receipts
5)Nil Income but tax liabity
6)Incomplete business and profession details
7)Tax payment Discrepancies
8)Mismatch in the name

Receiving and Responding to Defective Return Notices
Responding within a 15-day timeframe is crucial. Taxpayers must rectify the defects identified by the Income Tax Department by revising their return within this period. In case the revision cannot be completed within 15 days, an extension can be requested from the local Assessing Officer.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Mihir Tanna |905 Answers |Ask -Follow

Tax Expert - Answered on Nov 07, 2022

Question by S - Nov 07, 2022Hindi

Money

I have filed my income tax return for FY 2021-22 before due date i.e. 31.07.22 with some refund amount. Recently when the refund not received, I have checked with income tax site where I found that notice has been issued u/s 139(9) and the period of 15 days also lapsed for responding the notice. I have not noticed/received the mail sent by Income tax department or might have been deleted by mistake. Please guide me what to do next. I am waiting for your reply eagerly.

Ans: In case reply to notice u/s 139(9) is not filed within time limit, filed ITR is considered as defective. In other words, it will be considered as if you have not filed ITR within the due date.

Accordingly, it is advisable to file a belated ITR before 31.12.2022 (after correcting errors mentioned in the notice).

Further, in such a case, you will be required to pay additional fee and penal interest (if applicable).

Mihir Tanna |905 Answers |Ask -Follow

Tax Expert - Answered on Jul 21, 2023

Question by PRADIP - Jul 19, 2023Hindi

Money

On 28 Feb 2023, I received â‚¹ 1,60,959 as Arrears - of - Salary for AY 2020-21. While filing IT Return for AY 2023-24, u/s 89(1) Form - 10E Relief for Arears was System Calculated as NIL. Then what 's the use of this IT Section 89(1)?

Ans: As you must be aware that relief is available only if additional tax liability created due to arrears of income is more than actual tax liability in any past year pertaining to which arrears have been received in the current year, had the full arrears received in the same past year.

Thus, check if you are actually eligible for relief from income tax calculator https://incometaxindia.gov.in/Pages/tools/relief-under-section-89.aspx

Mihir Tanna |905 Answers |Ask -Follow

Tax Expert - Answered on Jul 25, 2023

Question by Keshavamurthy - Jul 21, 2023Hindi

Money

While filing my IT Return for AY 2023-24, I had made a self-assessment and paid the balance amount and mentioned the details in the return. However, when mentioning the five-digit challan number in the return, the first two digits did not get recorded. Only the last three digits appeared on the return. ITO did not accept the return and demanded payment of the amount already paid. I was advised to file a revised ITR under 139(5). I am not able to do this. Could you helo me please?

Ans: In case of error/omission, taxpayer can file revised return. If you file online ITR, you will find option in General Information tab - "Filing status". You can select "139(5)

Moneywize |125 Answers |Ask -Follow

Financial Planner - Answered on Feb 05, 2024

Asked by Anonymous - Feb 04, 2024Hindi

Money

Is there an option to claim any deduction under Section 89? How can I go about claiming it, or, will I get it only via refund?

Ans: Yes, there is an option to claim a deduction under Section 89 of the Income Tax Act, 1961, in specific situations. It applies when you receive income in the current year that was earned in a previous year. This often comes up with:

• Salary arrears: If you receive past due salary in the current year.
• Family pension arrears: If you receive past due family pension in the current year.
• Gratuity: Depending on the duration of your service, you may be able to claim relief under Section 89.
• Other income: There are other types of income covered by Section 89, like premature withdrawal from your PF account, commutation of pension, and compensation on termination of employment.

Here's how you can claim the deduction:

1. Eligibility: Ensure you meet the eligibility criteria for claiming relief under Section 89. You can find details on the Income Tax Department website or consult a tax advisor.
2. Form 10E: File Form 10E electronically at the e-filing portal of the Income Tax Department before filing your Income Tax Return.
3. Calculation: The relief amount is calculated by comparing the tax you would have paid in the year the income was earned with the tax you pay in the year you receive it. The difference becomes the relief amount.
4. Tax reduction: The relief amount reduces your taxable income in the current year, ultimately lowering your tax liability.

Refund vs. Reduced Tax Liability:

Whether you receive the benefit as a refund or a reduced tax liability depends on your specific situation. If you already paid taxes on the received income, filing Form 10E will trigger a refund for the relief amount. However, if you haven't paid taxes yet, the relief will directly reduce your tax liability for the current year.

Important notes:

• It's crucial to file Form 10E before filing your Income Tax Return to claim the deduction.
• The process can be complex, so consider consulting a tax advisor for personalised guidance, especially if your situation involves multiple income sources or intricate calculations.

I hope this clarifies the deduction process under Section 89. Remember, this is just general information; consulting a tax advisor is always recommended for accurate and personalised advice based on your specific circumstances.

Latest Questions

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jul 13, 2024Hindi

Career

Which to choose based on both curriculum and placements,IIT BHU electronics vs IIT Indore EE vs IIT Gandhinagar EE vs IIT Ropar EE

Ans: Prefer IIT-BHU-Electronics. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by SAI - Jul 12, 2024Hindi

Career

Sir; I am interested to study ai but I think I can't join aiml or cse in vit ap bcz my eapcet rank is 5529 then can I join in sreevishnu CSM or csc in vit ap !? Which one is good or can u suggest any other colleges in au region !?

Ans: Sai, prefer VIT-AP. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jul 12, 2024Hindi

Career

Sir I got ECE in Mahindra University data science in upes Dehradun and Information Technology in Dit Dehradun.i written met exam got 27 rank but manipal jaipur sold there seats So I am hopeless among three which should I prefer and Focus on Master for future

Ans: Prefer UPES. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jun 14, 2024Hindi

Career

Jee main score 76103 crl obc can I got nit

Ans: Will Get, but in Tier-3 NIT/Stream. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by Pat - Jul 11, 2024Hindi

Career

I got 93 percentile in jee mains in csab round which clg can i get

Ans: Try Tier 2/3 NITs/GFTIs & be flexible with Streams. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jul 09, 2024Hindi

Career

Sir, Let me know the order of preference. CSE in SRM Kattankulathur, EEE in Amritha Bangalore, CSE in ComedK colleges (DSCE, NIE Mysore, SIT Tumkur, BIT, BMSIT, Nitte Meenakshi, CMRIT, Bangalore). Also, let me know Is better CSE core or CSE with specialization like AIML, AIDS, IOT, CYBERSECURITY, etc. I need this information for my daughter as Round 1 counseling is starting today in Comedk.

Ans: Prefer (1) DSCE (2) NITTE (3) CMRIT (4) BMSIT. Prefer AIML, Cyber Security, followed by AIDS & IOT. All the BEST for Your Daughter's Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by Vijay - Jul 05, 2024Hindi

Career

Sir Please suggest what should choose between Electrical and computer engg in Thapar and Chemical engg in BITS Hyderabad

Ans: Vijay, prefer Thapar-ECE. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by Bhavana - Jul 09, 2024Hindi

Career

Sir is it worth joining vit bopal cse core under category 1

Ans: Yes Bhavana, All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by TARRA - Jul 05, 2024Hindi

Career

Sir my self krishna sir can't able focus on studies properly plz give some tips to study for more hours for jee

Ans: Krishna, adhere to the following Strategies/Tips/Steps:

(1) Whenever you study at home, study for 45-minutes. Then take a break of 10-minutes when you can move away from your study table, walk, have some water & relax. If you continue studying beyond 45-minutes, your concentration power will go down, resulting to low output. Most students commit this mistake.
(2) On daily basis (morning or evening whichever will be convenient to you), do yoga or meditation or physical exercises or play any games / sports for at least 30-45 minutes. This will further reduce your stress / distractions.
(3) Study tough topics / tough subjects (applicable to you) early morning with your fresh mind.
(4) Eat a lot of green vegetables / fruits which you can afford for & Avoid soft drinks/junk foods
(5) Every day night, before going to bed, revise whatever you have studied during the day.
(6) Also, revise every week whatever you have covered till date (here your short-notes which you should prepare will be helpful).
(7) Keep practising questions on topics which you have covered either offline or online
(8) Give utmost importance to wrongly answered / difficult / complicated / tough questions and have a separate note-book specially for this for each subject (PCM)
(9) You might be aware that JEE rank is allotted on the basis of highest score in Maths, followed by Physics & Chemistry. Practice more and more in Maths, till you reach Speed & Accuracy

(10) By December-January, attempt fully syllabus online test series, evaluate and analyse your performance such as,

(a) which topic / unit / concept you are weak which needs your revision and improvement as this will disturb you when you appear in actual JEE exam
(b) abnormal time taken to attempt any question which you can come to know from Online Test Series which you should reduce
(c) which questions you skipped and why?

(11) Please AVOID studying under pressure that you should get admission only into IITs/ NITs. Never advisable. Any one can be successful, even if he / she studies in NON-IIT / NON-NIT Colleges also.

(12) Have Plan B & Plan C for other Colleges Entrance Exams / Disciplines-Streams.
(13) Avoid comparing yourself with other students.

(14) Also, it is highly ideal to appear in / attempt\minimum 5-7 Entrance Exams (for both Govt & Private Engineering Colleges). You will have a lot of options (easiest method) to choose the best and most suitable one, keeping in view a lot of factors such as, College | Location | Your Interest | Stream Preference | Placement Records | College Culture | Your Short & Long Term Goals | Pressure You Can Go Through | Your AIR & Job Market Condition when you apply for your BTech & Even after.

I hope I have answered to your question with value additions. All the BEST for your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - May 15, 2024Hindi

Career

I'm 25 years old. I have completed my MCOM & cleared 1st group of CA Inter, but after giving so many attempt not able to clear 2nd group. I'm searching for job in MNC.

Ans: Some basic reasons for not clearing CA Exams after so many attempts:

1) NOT thoroughly going through the Study Materials, provided by ICAI.
2) NOT updating the amendments of various laws.
3) NOT changing the Preparation Strategies.
4) NOT preparing own short-notes.
5) NOT leaving breaks every 45-minutes of studying.
6) NOT maintaining consistent studies.
7) NOT revising the covered topics daily/weekly/monthly.
8) NOT focusing on weak subjects / topics.
9) NOT attempting mock tests frequently.
10) NOT following the ideal study schedule.

If you have searching for jobs:

1) Have a LinkedIn Profile/Update it.
2) Put job Alerts of the vacancies, you prefer to apply
3) Please keep in mind you are fresher. Avoid being specific for MNC. Join even any medium-sized Company & gain experience.
4) Keep upgrading your skills / knowledge through Certifications to be competitive in the job market.
5) Try to apply to at least 3-4 companies daily through LinkedIn or through the Companies Websites.

All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

See more questions »

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x