Scrutiny
This query is : Resolved
pitchi reddy
(Querist)
09 December 2016
DEAR SIR
I HAVE RECEIVED AN ENQUIRY UNDER143(1) WHICH IS COMPUTER SELECTED STATING AS LIMITED SCRUTINY IN THAT LETTER
ONE POINT OF MIS MATCH IF MAT TO A FIRM. WE REPLIED THAT MAT WILL NOT APPLICABLE TO A FIRM.IT IS FOR COMPANY ONLY.
BUT THE ASSESING OFFICER ASKED ENTIRE BOOKS AND REGISTERS OF THAT YEAR
SIR IS IT POSSIABLE IN LIMITED SCRUTINY CASES TO DO LIKE THIS
PLEASE CLARIFY-URGENT
I HAVE RECEIVED AN ENQUIRY UNDER143(1) WHICH IS COMPUTER SELECTED STATING AS LIMITED SCRUTINY IN THAT LETTER
ONE POINT OF MIS MATCH IF MAT TO A FIRM. WE REPLIED THAT MAT WILL NOT APPLICABLE TO A FIRM.IT IS FOR COMPANY ONLY.
BUT THE ASSESING OFFICER ASKED ENTIRE BOOKS AND REGISTERS OF THAT YEAR
SIR IS IT POSSIABLE IN LIMITED SCRUTINY CASES TO DO LIKE THIS
PLEASE CLARIFY-URGENT
CA Suresh Jain
(Expert)
11 December 2016
Is returned profit of the firm < 8% of the turnover ?
pitchi reddy
(Querist)
11 December 2016
yes sir actualli it is loss return
CA Suresh Jain
(Expert)
11 December 2016
Please visit AO with book of account and statements as asked for by him and satisfy his queries. Need any assistance or advice, send mail to group.blr@gmail.com
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