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I have filled ITR 3 however have recd notice u/s/ 139(9). I have a proprietorship firm but there is no sale/ purchase and so I have not filled in P&L. However I have filled in BS. How do I resolve this?While filing your return of income, you may have made certain mistakes which warrant the return as defective. Some examples are - leaving your ITR with a tax payable status, missing information in the ITR etc.You can signNow out to a professional if you are not able to identify the reasons for the defects so that it can be resolved timely. Leaving your ITR in a defective status can subsequently invalidate the ITR.Best regards,Aditiaditi.firstname.lastname@example.org
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People also ask
Who is the earnest money check made out to?Earnest money is usually paid by certified check, personal check or a wire transfer into a trust or escrow account that is held by a real estate brokerage, legal firm or title company. The funds are held in the account until closing, when they are applied toward the buyer's down payment and closing costs.
Is an earnest money deposit required?How Much Earnest Money is Needed? The amount of earnest money will vary depending on the market. There is no set amount, but usually it equates to 1%-3% of the purchase price of the home. In some cases however, there are times in which an escrow deposit of $1,000 will do, it all depends on the seller.
How long do you have to deposit earnest money?As per TREC within 2 business days from execution of contract Earnest money to be delivered to the Title company. Buyers can not wait 10 days to deposit the Earnest money(it would pass 2 business days for sure).
What happens if buyer does not deposit earnest money?As many who have replied prior to my response have said, if the Earnest Money , also known as consideration, has not been deposited then the contract is not not a ratified contract and is therefore not binding on either party. You are therefore able to accept other offers on your property.
Is earnest money required in Oregon?There is no law that dictates how much of an earnest money deposit a home buyer in Oregon should pay, when making an offer to buy a house. The amount is usually based on local customs within the real estate market.