Easy Office
LCI Learning

Regarding as26 (tds)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 May 2012 Please let me know what may me the case or cases in AS26 not match with books of accounts it only means that books not updated or can be other reasons, pl reply.

Regards, Gaurav
Profile Image

prasad

Profile Image

prasad (Expert)
09 May 2012 Yes, firstly the books are not maintained properly.

Secondly, it will result in undisclosed income. and attracts penalty U/s 271 (1) (c) under the income Tax Act

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links