03 March 2010
Sir, If inadvertently a purchase of fixed asset is treated as purchases and return filed claiming full deduction then , what would be its tax consequences . ( Return Filed Within Time )
03 March 2010
What is the value of the asset. Based on value you should act upon. If the value is more file revised return. If the value is very less pass journal entries this year.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 March 2010
Sir if tax audit applicable to the firm then can the return be revised ????