Scruityni u/s 143

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 March 2012 I have file IT return for a.y 2009-10 in this return i have shown only agricultural income and my return is selected for scrutiny and ITO made addition that i have purchase one shop is not reflated in my balance sheet of amounting is 350000 and there for 350000 is addition in my total income and sent demand notice for it. It is right or wrong.In this matter i have filed an appeal to commissioner

09 March 2012 Firstly, when you were not liable to file tax return, you have filed it without properly disclosing the Statement of Affairs/ Balance Sheet in your Return.

.

Now, if you can substantiate the source of acquiring the property as out of Agriculture Income, the addition may be deleted by the
App. Authority.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 March 2012 thank you for help


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details