44 ab audit non maitainance of proofs /vouchers for certain
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 September 2013
usually in mofussil areas, business men do not maitain bills / vouchers for fuel,salaries paid,local conveyance,mobile charges.freight etc.
earlier we used to report in form 3cb that vouchers for certian expenses are not maintained.
can we do so now ? if mentioned as above now, are we not asking for scrutiny?
Otherwise can we mention in Notes to Accounts
as schedule to Balance Sheet /p/l a/c?
What is proper ? kindly advise.
earlier we used to report in form 3cb that vouchers for certian expenses are not maintained.
can we do so now ? if mentioned as above now, are we not asking for scrutiny?
Otherwise can we mention in Notes to Accounts
as schedule to Balance Sheet /p/l a/c?
What is proper ? kindly advise.
03 September 2013
It is better not to inform directly as it will invite scrutiny assessment and reduce 40% of such bill from deduction.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 September 2013
thank u very much.if at all to mention.where to mention in 3CB OR in notes to accounts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- EPF FULL & FINAL RULES IN 2026
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Rental income gst and it purpose
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
