Disallowance by I.T. Dept. w.r.t. VAT Hawala Purchase Info

Krunal.J.Davda , Last updated: 29 March 2013 Share Follow on Google News

Date - 23/03/2013 IS IT FAIR TO DISALLOW PURCHASES BY THE I.T. DEPARTMENT, JUST ON THE BASIS OF HAWALA INFORMATION RECEIVED FROM THE SALES TAX DEPARTMENT? Recently the Income Tax Department is sending Show Cause Notices to many Assessees stating that their Purchases from some suspecte

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About the Author

Krunal.J.Davda

Practising Chartered Accountant

I am CA. Krunal. J. Davda (B. COM, ACA) an associate member of the ICAI from 02/06/2010. I amprincipally engaged in the affairs of Direct Indirect Taxation and Auditing Assurance matters. I have addressed various seminars study circle meetings conducted by various Associations CPE study circles. I have also contri ... Read more

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