banner_ad

154 order

378 views 5 replies
How to respond to order passed with demand u/s 154?

IT department considering Income tax expenses disallowance as It is shown in tax audit as debited to pndl which is wrong disclosure in Tax audit. Actually it is routed through capital but they are disallowing as per tax audit

pls tell how to deal 154?
Replies (5)

Income tax is not allowed as expense. So ITD is right in its disallowance.

Yes but i routed through capital and not debited to pndl so how can i disallow the same

How can auditor report it under P&L acc if not debited to expense?

Capital a/c debited and bank credited
He is proprietor
we have not debited expenses in pndl

Unless auditor rectifies the audit report to the effect, you cannot get justification.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details