Peak Credit and telescoping theories in assessment proceedings under Income Tax.2 comments Sunday, January 15, 2012There may be some cases under Income Tax Assessment proceedings where there are a large number of unexplained credit and debit enteries of a person standing in books of account of an assessee. In such case the AO may tend to add all the aggregate enteries as unexplained income.
Subscribe to:
Posts
(
Atom
)
Featured PostTCS to apply only on cash portion of sales transaction CBDT clarifiesWelcome clarification by CBDT on TCS on Cash Sale. CBDT vide Circular No. 23/2016 dt. 24 June 2016 has clarified on FAQs of stakeholde... 
AddThisShareThisGet updates via email, just subscribe below and click on activation link afterwards in your emailCategory
Right consultancy at right time avoids unnecessary litigation.
Popular Posts
FollowersAbout Me
FeedjitBlog Archive
WARNING
Nobody is permitted to copy or publish the articles existing on this blog on any website or on any other media without my express permission. Total PageviewsDisclaimer
No one is responsible for any claims if somebody finds that the information/opinions provided in this blog is incorrect and the blog is meant only to share knowledge and exchange views in a meaningful manner.
Useful Links
Powered by Blogger.
|
Subscribe To
Posts
All Comments
|
