About books of accounts enquiring by IT Commissioner
This query is : Resolved
22 October 2010
Dear sir
One of assesse filed AY 2007-08 IT Return and he got TDS claim Rs.100000
but commissioner enquiring books of accounts after got cheque
how to handle this situtations why he does not maintain books of account
One of assesse filed AY 2007-08 IT Return and he got TDS claim Rs.100000
but commissioner enquiring books of accounts after got cheque
how to handle this situtations why he does not maintain books of account
22 October 2010
What are you telling? who should maintain books of account, you have to maintain, commissioner has full power to open the assesment and notice you for books of accounts. You have to keep all the books for the period of 12 years.
22 October 2010
1st let us know the assessee status whether individual or firm or company?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Is online PGCE worth it?
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
