Income tax


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 February 2017 I have constructed a house with 40 lakhs in f.y 2011_12 Till now I haven't filed it returns now I want to file it returns for asst yr 2016_17 How can I disclose it in books of accounts plz suggest (age 48 years)

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
10 February 2017 to provide correct solution i need to know your source of income whether salary or business

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 February 2017 Business. Paddy commission income

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
15 February 2017 you should get your books of accounts prepared by a qualified professional and include the cost of construction in books as an asset.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 February 2017 If the construction is shown in the books of accounts,Balance sheet,Capital account will be increased then is there any chances of call for information/scrutiny of R.O.I filed and reopen earlier years (If earlier years R.O.l filed) ? If yes, how to avoid it

19 October 2021 No just file return for your income, say itr 4S, when books are not required to be maintain. No demand for BS.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details