Income tax problem
This query is : Resolved
21 November 2012
Dear sirs,
Net tax-21988
TDS-19835
self assessment tax paid-24110
Refund Due -21960
please guide me where auditor is made mistake i,e tax planning why should he makes excess tax
Dear sirs,
Net tax-21988
TDS-19835
self assessment tax paid-24110
Refund Due -21960
please guide me where auditor is made mistake i,e tax planning why should he makes excess tax
CA. Subhash Dangi
(Expert)
21 November 2012
There may be possibility of variations on following while computing tax liability based on which self assessment tax paid:
- Overstatement of Income
- Understatement of Expenses
- Non consideration of allowable deductions
- Ignoring TAx/TDS credits
- others, if any depending upon nature of business, status of assessee etc.
- Overstatement of Income
- Understatement of Expenses
- Non consideration of allowable deductions
- Ignoring TAx/TDS credits
- others, if any depending upon nature of business, status of assessee etc.
Message likes :
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21 November 2012
Dear sir,
so I accepted your replay but the client provide all information of expenses and incomes TDS etc in the balance sheet. then why did this happen subsequently two or more case same calculation he was done
please replay
Regards
Ramesha.m
so I accepted your replay but the client provide all information of expenses and incomes TDS etc in the balance sheet. then why did this happen subsequently two or more case same calculation he was done
please replay
Regards
Ramesha.m
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