Without deducting expenses (Income Tax)

This query is : Resolved

MALAY DAS

( Author )
18 August 2012

sir
if an assessee has gross receipt below taxable limit then is it possible to show his gross receipt as his net income without
showing his expenses because his gross receipt below taxable limit? replies me sir, thanks.

Taxguy

( Expert )
19 August 2012

Better to be correct, so gross and claim expenses, honesty is best policy.

CA VISHNU GAVKARE

( Expert )
19 August 2012

Its better to show correct figures from future prospects.

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( ) now

Similar Resolved Queries :

Subscribe to Expert Queries Feed

Twitter

More Subscription Options »

Sign-in to your account

Sign-up now

Without deducting expenses (Income Tax)

Quick Links