If Aduditor has given qualified opinion , whether it will have impact on prperation of income tax return
Qualification is in respect of income whereas assessee doesnot agree
Mehul Chaturvedi (student) (64 Points)
14 February 2012If Aduditor has given qualified opinion , whether it will have impact on prperation of income tax return
Qualification is in respect of income whereas assessee doesnot agree
CA SENTHIL PRABHU
(CHARTERED ACCOUNTANT)
(132 Points)
Replied 14 February 2012
Auditor may qualify the report if accounts are not prepared as per the AS. But filing Income tax return entirely different. For IT chargeability of income and allowabilty of expenses are specifically given in act.
If that income is chargeable according to IT then show it in IT return.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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