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Tax audit

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(Querist)
16 May 2013 I am the developer of flat.... and sale flats through agreement of sale.. during the assesment year recive 1.1 corer for advance against aggrement of sale of flat... I requir to do tax audit books of my accounT ?? what consequenses in same case if assese is company
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Anil Sankar V

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Anil Sankar V (Expert)
16 May 2013 Ya, it is apllicable
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Guest (Expert)
17 May 2013 There is a new provision section 194 IA which is now applicable to in the case of sale land and building, must ensure its satisfication
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CA AYUSH AGRAWAL (SHARP & ASS)

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CA AYUSH AGRAWAL (SHARP & ASS) (Querist)
19 May 2013 Thanks... sir can u refer any case or section then i can argue with my ca

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