TAX AUDIT

This query is : Resolved 

15 May 2011 RECEIPT FROM DEBTORS=20000=269SS NOT ATTRACTED
PYMT TO DRS [SINCE EXCESS RECD]--269T NOT ATTRACTED
PYMT TO CRS >20000 40A(3) ATTRACTED
RECEIPT FROM CRS=> 20000 269SS NOT ATTRACTED

ADVANCE RECD FROM DRS=269SS NOT ATTRACTED

ADVANCE GIVEN TO CRS >20000 40A(3) ATTRACTED

NOTHING MENTIONED IN THE PROVISIONS OF SEC 269SS/T SPECIFICALLY STATING THT DRS/CRS TRANS R OUTSIDE THE SCOPE OF 269SS/T.

BUT IN GUIDANCE NOTE ISSUED BY ICAI IT IS STATED....

SO PLS GIVE ME ANSWER BY GIVING SOME CASE LAWS/CIRCULARS/.............

16 May 2011 Can you tell me in which Guidance of ICAI it is mentioned ....

18 May 2011 guidance note on tax audit


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