This Query has 1 replies
DEAR SIR/MADAM
AS ASSESSEE TAKEN LOAN FROM BANK (SECURED)RS. 25,00,000/ AND LOANS RECEIVED FROM UNSECURED FROM OTHERS RS. 15,00,000(CHQ) AND RS. 1,00,000/-(CASH) THESE ARE SHOWN UNDER 3CD COLOUM NO 24B SEC 269SS IS COMPULSORY. ALL ITEMS OR UNSECURED ITEMS, CASH RECEIVED ABOVE TWENTY THOUSAND IS DISALLOWED BY ITO OR AT THE TIME OF COMPUTATION.
2. AS ASSESSEE GIVEN LOAN TO OTHERS RS. 1,00,000(CHQ) AND RS. 1,50,000(CASH) THESE ITEMS ARE SHOWN UNDER 3CD COLOUM NO 24B SEC 269T IS COMPULSORY. ALL ITEMS OR UNSECURED ITEMS, CASH PAID ABOVE TWENTY THOUSAND IS DISALLOWED BY ITO OR AT THE TIME OF COMPUTATION. IF ABOVE ITEMS ARE DISALLOWED OR PENALTY IF PENALTY PLEASE TELL HOW MUCH AND WHICH SECTION.
THANKS IN ADVANCE
This Query has 3 replies
Please anyone can clarify how many tax audit a Chartered Accountant can do also, which all audits are counted for the same and which audit are not counted.
Thanks & Regards
Maulik
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Regards
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We have one client to whom we are charging 35000 as audit fees.
Now the client want other professional service(valuation of share). Can we do it. If we do it, then how much fees we can charged from such client. Is there any notification of ICAI in this regards.
CA. Sanjay Garg
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Is caro applicable to a private limited company which is a 100% sbsidiary of a foreign company if it satisfies all other conditions regarding its status as a private company mentioned in section 3 ?
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A person Mr.x is a consultant in a co-operative society.His son is a auditor in the same society.Is appointment of auditor valid ??? pls answer and also give some reference to prove the above case.and if not valid then what action can be taken against the auditor??pls suggest .according to me he is employee of the society so he is disqualified according to sec 224...
SEC 269SS AND 269T