I filled ITR 4,for assessment year 2016-2017,in balance sheet part I filled item no 6 and in P/L account part I filled item 53, because I don't have books of account.IT Department issued notice under section 139(9),they need balance sheet and P/L account to be filled.what is the solution for this.

Sir one person have taken lic of rs 2000000 and till now he has paid premium rs 400000
So my query is how much amount should be shown in personal balance sheet as asset

Sir i have purchased some items so my query is relating to accounting entry for purchase
for this invoice detail is given below

Particular. Amount
100 kg soap. 5000
+20 kg soap free.

Vat @ 4 %. 200

Total bill amount. 5200

Sir please tell me how I pass accounting entry of 100 kg +20kg free soap

Good Evening I have a doubt that sec 40A(3) says any expenditure in respect of which payment or aggregate of payments ....... what does any expenditure refers to? if we have paid to a transporter against 2 bills of 30000 each in cash on same day will it be covered here and the expenditure be disallowed? plz note any expenditure word is used not an expenditure plz reply

Are management consultants eligible for section 44ada?

Why icai giving so easy paper this time for IPC. Any gusses 😓

All of you know from April 1st SBT merges with SBI. How to change the Ledger SBT to SBI. Kindly reply.

as per section 147 the assessing officer can assess or reassess any income which comes into his notice during the proceedings. So if he came to know and has reason to believe of some additional income not mentioned under section 148. Then fresh notice under section 148 will be necessary for that additional income or not? pls help.

hi.....wish to understand whether direct entry admission to IPCC need to clear 9 months of articles hip before appearing for exam.......or articles hip can be started after clearing 1st group? kindly clarify

Sir/s.

A notice in respect of 2012-13 As. Yr. was issued to my father as an assessee. This notice was issued in the year 2014 itself. My Father ignored these notices despite repeated reminders. No called fr information was provided by father. My father passed away on 28.08.2016. Now I have received similar notice 133 (6) in the name my father frm the ITO (assessment).

Question is Shall I ignore this notice as I don't know any details / information of my father's transactions as sought by the ITO.

R Shall I reply only to the extent of intimating the ITO the fact of death of my father & plead ignorance as stated above

What is the consequence of not addressing such notices.

Pls let me know what I am supposed to do as three matter is very urgent. He has fixed the date as 15.05.2017 fr my father's appearance.

Thanks in advance