Format of statement of affairs

This query is : Resolved 

14 September 2011

Hallo Sir, I am a salaried personal, I have received a Notice U/s 142(1) & 143(2) from Asst. C.I.T for the A.Y.2008-09 where they required some documents, along Statement of Affairs,

I have collected all those documents except Statement of Affairs, I don’t know what does it mean and how to prepare it.

I would be happy if any of our experts can provide me the format of Statement of Affairs.

You can send the same to my personal e-mail id manikantjha23@gmail.com

Regards

Manikant jha

14 September 2011 A balance sheet format would do.

Also one thing the time limit for completion of assessment u/s 143(2) was 31st December, 2010 and so now the case is time barred and order should have been passed till now. Otherwise it would be an illegal order.

15 September 2011 Thanks Aditya ji.




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