banner_ad

Please guide u

Others 972 views 1 replies

  Case fixed Secrutiny U/S 143(3) while examning we discover one lender given Rs.70,000/- was wrongly credited in other lander Account same time books have been audited and audit report also did same mistake,while lone have been  taken  in  account  Payee cheque.

A.o.Have issued to  the lander  Summens  U/S  131  for Examination to lender except missing lender  what  is  i  reply  whehter  i  should  disclose true position at the time of reply ,

Draft of reply required to us.

What quancicance faced by the Auditer

Replies (1)
In income tax the AO is go by actual facts of the case ........accouting entries are passed to reflect actual facts .......if there is error in accouting entry ......you can always clarify the mistake in accouting entry to AO and support your case on the basis of actual facts ......MISTAKES IF ANY CAN ALWAYS BE CLARIFIED AND EXPLAINED .......


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details