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Assessment

This query is : Resolved 
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(Querist)
25 May 2013 Dear Sir,
Why it is required by Govt to do assessments for various factories ?

C S Kulkarni
Aurangabad
Maharashtra
+91 9730621426
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 June 2013 Need to find out the proper tax calculated and tax paid as per act
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
13 July 2013 If no assessment is done then there are many expenses which are not allowable as per Income Tax Act is claimed and personal expenses are also debited in the accounts on which tax is applicable and payable. Some people claim wrong deductions and therefore, through assessment it is stopped. Therefore, it is necessary to go for assessment.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 July 2013 yes agree with expert.
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