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Clarification regarding Notices of defective returns issued to FII/FPIs

Dated:- 10-12-2015 - Notices of defective returns were issued under section 139(9) of the Income-tax Act to Foreign Institutional Investors/Foreign Portfolio Investors (FIIs/FPIs) in cases where Balance Sheet and P&L account were not filled. In o .....

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mation required under section 139(9)(f) of the Income-tax Act, if there is business income All such cases , where the SEBI registration number has been provided by the FIIs/FPIs in the return for AY 2015-16 are being taken up for processing at CPC Be .....

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