21 December 2008
That my client is Proprietor of M/s S.K.Trading Co., Nature of business is Commission Agent.( Kacha Arthia ).
1) That the case of I.Tax was fixed for the A.Y : 2007-2008.
2) That in the ITR-4 ( Return ) the assessee has shown S.Creditor worth Rs : 6054365/-. Actuly that amount was excess amount of farmers.
3)That there is no trading in the books of assessee , so no question arise for s.Creditor. Due to not relevent column the amount shown in S.Creditor column.
Can Assessing Authorty fixed the case of commission agent on the ground of S.Creditor ?
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