25 September 2009
hey guys ,one of my client has been called by an AO ,whereby he asked him to give details about his sundry creditors so that AO can cross verify it with the same creditors u/s 133(6).So as the creditors are fake my client is not willing to give the details of the same.So my query is,how to save my client from this condition.
25 September 2009
No way to save, as far i know, as this is very old practice of department to verify the purchase/sale shown in the books of accounts and for the balance confirmation of Creditors and Debtors.
CAclubindia
