Omission of Sales

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..... Where that the A.O. can add the sales omission in his assessment order or he can add only the gross profit of the sales omission? - Reply By Ganeshan Kalyani - The Reply = Sir, the department is no .....

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..... t bothered whether you have earned profit or incurred loss in purchase or sale transaction. Sir, the amount of sale omitted to be included in the return shall be added in the revised turnover by the .....

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..... assessing authority. Thanks. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = The Assessing Officer can add the sales omission if he finds the same in the course of assessment. Profit is not relevan .....

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..... ce for the taxation issues. - Omission of Sales - Query Started By: - Reghunath kuppusamy Dated:- 14-9-2016 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply pos .....

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..... t by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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