Error: Business loss activity
Illustration: CMN.ATO.IITR.300039 is mandatory for ATO and cannot be avoided. This means when tax payer has negative net PSI, Business loss activity details should be presented too. You can read about types of losses for activity details here
Guidance:
1. If there is a "Business Loss", fill "Business Loss Activity Details" item P9
2. Check the "Personal Services Income (PSI)" and "Business Income & Expenses" tab if you have any expenses amount that has been inputted in the Primary Production column fields. If there is any, please delete it and transfer to Non-Primary Production column to resolve the error.
Sample of expenses inputted in the Primary Production column:
ATO guide here
Otherwise user can contact the ATO to know more as it is their requirement to fill Business loss activity details when PSI is negative.