While doing tax audit of a partnership firm for A.Y. 210-11, it has come to my notice that audit was mandatory for A.Y. 2009-10 too. But the firm hadn’t got their books audited then. So what will be its implications while doing tax audit of the A.Y. 2010-11?
Menu
Tax Audit
Replies (6)
dear
all assement procedure is considered as seperately form all other assement procedure so that there in no implication while doint the Tax Audit for the A. Y. 2010.2011.
agree with naveen sir
Just do it for the current year. At the time of assessment by the ITO it will be noticed...
Do the audit for the currently year and also inform the cleint about the mistake that occured in earlier year and now there is no remedy for the same.
Thank you all for your replies. Do we need to give preceding year's information in Part - B of Form 3CD?
yes indeed.. .you need to....
Recent Topics :
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
Related Topics :
CAclubindia
