Regarding as26 (tds)
This query is : Resolved
08 May 2012
Please let me know what may me the case or cases in AS26 not match with books of accounts it only means that books not updated or can be other reasons, pl reply.
Regards, Gaurav
Regards, Gaurav
09 May 2012
Yes, firstly the books are not maintained properly.
Secondly, it will result in undisclosed income. and attracts penalty U/s 271 (1) (c) under the income Tax Act
Secondly, it will result in undisclosed income. and attracts penalty U/s 271 (1) (c) under the income Tax Act
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