27 June 2016
Hai sir .We received notice from CTO . Ref. In our audit books other income from 2011-12 to 2014-15. It is purely salary and reimbursement amount receiving since 2010. But They are asking why it is is mentioned as Consultancy Fee in one year and Inspection Charges in another FY. Why VAT is applicable on these income sir. Please help sir.
27 June 2016
No, they are NOT concerned with that. There is change in the nomenclature of income in successive years and hence they are asking....you can tell them the reason...no issues
CAclubindia
