Assessment

My dear friend.. you will get notice from IT deptt. and they will only ask the documents needed for assessment.

Dear Karan,

Some ready refernce list of documents for your reference.

1. Debtors' List. ( in agewise format) more than 6 months and otherwise.

2. List Of Bank Accounts alongwith Reconciliations.

3. Details of Addition in fixed Assets.

4. Addition in Capital W.I.P.

5. Details of Consumable stores, if any.

6. Stock details in the form of oening, Received, issued & closing balance.

7. Details of Unsecured Loans.

8. Interest on Loans (whether Secured or Unsecured).

keep smiling.....

regards,

ratan

Can i apply for Assessment before they call me - as my company have huge refund to be claimed from Dept.

U hv to wait for letter from the income tax department. But by the time u shud preapre the expected lists, so that u cn show them at the desired them.

regards,

ratan