banner_ad

Survey U/s 133A of I.T.Act

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 October 2008 At the Time of Survey the assessee has disclosed the stock of Rs 20,0000/-as income from other sources during the financial year 2008-2009 (current year) and paid advance tax accordingly before a month,but now the assessee wants to retract from his statement recorded at the time of survey on the ground that the above stock found at the time of survey were account for and under misconception of facts disclosed this amount. As at the time of survey no books of account have been found.
Is it possible to retract the statement recorded at the time of survey.

Kindly advise me .

Ajay Kumar Dokania
Advocate
E.Mail- dokania_ajay@yahoo.co.in
+919430187545
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
27 October 2008 Yes.The assessee has to prove the reasons for his retract.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

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 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details