Treatment of increase in profit due to it dept. scrutiny

218 views 3 replies

Sirs,  

  How to treat increase in the profit (FY 2014-15) of partnership firm after scrutiny of IT dept and paid tax their on. What amount of profit is to be taken into Individual filing of parters (whether before scrutiny profit or after scrutiny profit), If the individual partners are not filed their personal returns till now.

 

Replies (3)
before scrutiny,
sir, what about the increased profit which is tax paid after scrutiny
no... profit after scrutiny should be taken to capital account

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

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

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details