sales tax scrutiny

sir i have shown 18lakhhas other income , just to show rosy balance sheet. now sales tax dept is asking me the bifurcation of other income of 18Lakh

 

how to show bifurcation and explanation

 

pls help me

Replies (2)

hey  RK other income till 5lack  ok but u show 18lack ...

see if u cant prove like if taken Gift then Gift deed has to prepare on back dated,

if loan then lease deed but it should on back dated..

otherwise dept. will file suit for supression of fund..

please consult ur CA or legal advisor

Consult ur CA or Lawyer

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