Income Tax queries [1208]

All Resolved Open

TEENA NAGADA

21 June 2022 at 19:10

148 REOPENING

MY CLIENt have recieved a notice u/s 148 from 2013-14 till 2017-18 where in it is mentioned that depty director of Income TAx Investigation have passed to AO information which forced him to initiate 148 proceedings. The information given by investigation wing mentioned that Individual have not disclosed the income earned through HUf Bank Account. Ao have added all credits to Income chargeable to tax.

Question of Strange

While huf is filing separate return and disclosing all transaction done through its bank why Investigation wing is misleading Ao to reassess the same transaction in Individual ?

2) can i approach and seeek a clarification from Investigation officer what information or supecision was there based on which the income of HUf was to be added in Individuals Income ?

3) the client is in hi tension and can not afford the huge fees for none of his mistake

Suresh S. Tejwani

21 June 2022 at 18:58

Regarding DPT - 3

Is it mandatory to generate UDIN for DPT - 3 Form and net worth certificate for DPT 3 ?

If Yes, then udin shall be generated separately for both DPT -3 Form and Net worth ?

Sambit Baraj

21 June 2022 at 18:43

Excel format given by ASB of ICAI

Does anyone have a format of financial statements ?

Chicku

21 June 2022 at 17:27

Journal entry for leave adjust

Can anyone please help
One employee salary is 17934
Now we have to pay him 21774 (leave adjust included 3840)
What will be the journal entry for 3840

SUDHEEP M

21 June 2022 at 17:08

Collection of Tax Based on Place of Supply

Sir,

I have GST Registration in the State of Kerala. I Have supplied goods to a registered dealer in Kerala, but the shipment or delivery address was at Karnataka. Which Tax should be collected in the invoice.