addition on account of cash sales
This query is : Open
05 December 2009
Whether ITO can add back the Cash Sales, when an assessee is not in position to give the name and addresses of all the buyers,, even though the entire sales has already been declared in the Profit and Loss a/c
Please do reply me at sarjiwan@in.com
+9855738904
I shall be thankful to all of you
Please do reply me at sarjiwan@in.com
+9855738904
I shall be thankful to all of you
06 December 2009
The ITO cannot add back cash sales because whole cash has been already taken into account as income.
It is neither cash credit u/s 68, not unexplained investment u/s 69, unexplained money u/s 69A, Amount of investments not fully disclosed u/s 69B nor unexplained expenditure etc. u/s 69C.
CA Surendra Rakhecha,Surat
It is neither cash credit u/s 68, not unexplained investment u/s 69, unexplained money u/s 69A, Amount of investments not fully disclosed u/s 69B nor unexplained expenditure etc. u/s 69C.
CA Surendra Rakhecha,Surat
06 December 2009
Dear Sir
Thanks for the same. I further request you to provide me a solid judgement on the same
Regards
Sarjiwan Gupta
Thanks for the same. I further request you to provide me a solid judgement on the same
Regards
Sarjiwan Gupta
06 December 2009
Dear Sir
Thanks for the same. I further request you to provide me a solid judgement on the same
or please mail me the relevant material at ofc2@in.com
Regards
Sarjiwan Gupta
Thanks for the same. I further request you to provide me a solid judgement on the same
or please mail me the relevant material at ofc2@in.com
Regards
Sarjiwan Gupta
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
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- TDS related Query_Liquidated Damages
- What is provisional receipt number for generation of form 16A
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
