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CA PARAS BAFNA's Expert Profile

Queries Replied : 9397

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About me

 

I am a practising CA from Surat 

Sharing the knowledge is my hobby.  

Favourite field of activity is Income-tax .       

 

    What kinds of questions I can and can't answer?
    Direct tax related queries may be addressed. This is my pratice area and I am always interested in handling practical problems of tax-payers.

    My area of expertise
    Income Tax

    My experience in the area (years):
    21 years

    Organizations I belong to:
    Partner ; Bafna Jain & Co. Chartered Accountants,

    Publications or writing which has appeared :
    None

    Educational credentials:
    BSc, FCA

    Award & Honors:
    None

  • satish kumar says : case law
    sir in our case the AO has make the addition by assuming the stock/ sale of scrab and empty drums and more ever this issue is never discussed during assessment proceedings and make the 2nd addition by assuming the house hold expenses of both the partners Rs.12000pm each. ......... please provide us relevant case law which are helpful in appeal.........

  • Madan says : Regarding Subsidiary
    Sir, you have clarified me about my query. Can you please be bit still clear like,Sir, so there will be no other issues in Income Tax & Accounts point of view? Profit of Sub will sub's only. point comes only at the time of consolidation time or any other case still? Ans will be the same for Sub in abroad also? What about the treatment of foreign exchange difference at the time consolidation? Kindly clarify me SIR! (Paras Bafna)

  • MOHAMMADANISH S. JETHARA says : long term capital gain calculate
    thanx for reply sir can you calculation the answer with figure and put such a ex set figure of tax or nil?

  • mohd shah Alam says : copy of intimation
    thanks to reply but that e-mail sent by ITO has been deleted.

  • mohd shah Alam says : copy of intimation
    Wheather it is possible to see intimationuner sec143(1)sent by ITO to assessee through their website


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