ITR

476 views 3 replies

HELLO FRIENDS, CAN ANYBODY TELL ME IF A PERSON HAS BUSINESS INCOME OF RS 100000

AND HE HAS NO OTHER INCOME BUT HE WANTS TO FILE THE RETURN OF RS 160000

BUT HE INSISTS ME TO NOT TO MAKE THE BALANCE SHEETS THEN WHAT CAN I DO CAN I SHOW OTHER INCOME RS 60000.

PLS GUIDE WHAT CAN I DO?

Replies (3)

This is manipulation in accounts which is not allowed as per law. So according to me you should not work against the law. However the prime responsibility of ITR is always with the assessee so if he insist you to do so then you can do it.

Agreed wid Shudhanshu Agrawal but u can manipulate the same by adding other income. Increase the amount by Rs. 5000-10000 so that u can deposit income tax for loan purpose also.
 

Agreed with experts.

But if you want to file return , you can show other income like cash jobwork etc by more than 60000, so that his income exceed exemption limit and deposit nominal tax.

By this his purpose is solved.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details