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Tax Audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 April 2010 Does the term Gross Receipt includes amount received for share allotment from the director of a company for Tax Audit purpose?
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CA Simant Kumar Doshi

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CA Simant Kumar Doshi (Expert)
29 April 2010 No, gross receipt means receipts from sales ot services
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
29 April 2010 NO, RECEIPT FOR SHARE APPLICATION IS NOT A PART OF GROSS RECEIPT U/S 44AB
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
29 April 2010 AGREE WITH EXPERTS
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CA Shiv

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CA Shiv (Expert)
29 April 2010 receipts mean income from sales and services....
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
29 April 2010 No
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
29 April 2010 NO
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 May 2010 gross recipts not include Share application money
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