SECTION 44AE & SECTION 44AB

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..... SECTION 44AE & SECTION 44AB
Query (Issue) Started By: - SHAAN NISHA Dated:- 17-11-2017 Last Reply Date:- 24-7-2018 Income Tax
Got 1 Reply
Income Tax
HI EVERYONE, I HAVE ONE QUESTION REGARDING SECTION 44AE. IF I FILL MY RETURN UNDER SECTION 44AE AND I AM OWNER OF TEN TRUCKS DURING THE LAST FINANCIAL YEAR. AND MY BANKING TRANSACTION IS AROUND 8CR. THAN IT DEPARTMENT CAN ASK ME TO SUBMI .....

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..... T ANY DOCUMENT REGARDING TRANSACTION?. IF YES, THAN WHAT KIND OF DOCUMENTS WE NEED TO SUBMIT TO IT DEPARTMENT. OR THERE IS ANY APPLICABILITY OF SECTION 44AB? THANKS IN ADVANCE I HAVE ONE QUESTION REGARDING SECTION 44AE. IF I FILL MY RETURN UNDER SECTION 44AE AND I AM OWNER OF TEN TRUCKS DURING THE LAST FINANCIAL YEAR. AND MY BANKING TRANSACTION IS AROUND 8CR. THAN IT DEPARTMENT CAN ASK ME TO SU .....

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..... BMIT ANY DOCUMENT REGARDING TRANSACTION?. IF YES, THAN WHAT KIND OF DOCUMENTS WE NEED TO SUBMIT TO IT DEPARTMENT. OR THERE IS ANY APPLICABLITY OF SECTKION 44AB? Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=435335&offset=1 HI EVERYONE, I HAVE ONE QUESTION REGARDING SECTION 44AE. IF I FILL MY RETURN UNDER SECTION 44AE AND I AM OWNER OF TEN TRUCKS DURING THE LAST FINANCIAL YEA .....

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..... R. AND MY BANKING TRANSACTION IS AROUND 8CR. THAN IT DEPARTMENT CAN ASK ME TO SUBMIT ANY DOCUMENT REGARDING TRANSACTION?. IF YES, THAN WHAT KIND OF DOCUMENTS WE NEED TO SUBMIT TO IT DEPARTMENT. OR THERE IS ANY APPLICABLITY OF SECTKION 44AB? THANKS IN ADVANCE Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=435335&offset=1 HI EVERYONE, I HAVE ONE QUESTION REGARDING SECTION 44AE. .....

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..... IF I FILL MY RETURN UNDER SECTION 44AE AND I AM OWNER OF TEN TRUCKS DURING THE LAST FINANCIAL YEAR. AND MY BANKING TRANSACTION IS AROUND 8CR. THAN IT DEPARTMENT CAN ASK ME TO SUBMIT ANY DOCUMENT REGARDING TRANSACTION?. IF YES, THAN WHAT KIND OF DOCUMENTS WE NEED TO SUBMIT TO IT DEPARTMENT. OR THERE IS ANY APPLICABLITY OF SECTKION 44AB? THANKS IN ADVANCE Read more at: https://www.caclubindia.com/ .....

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..... forum/details.asp?mod_id=435335&offset=1 HI EVERYONE, I HAVE ONE QUESTION REGARDING SECTION 44AE. IF I FILL MY RETURN UNDER SECTION 44AE AND I AM OWNER OF TEN TRUCKS DURING THE LAST FINANCIAL YEAR. AND MY BANKING TRANSACTION IS AROUND 8CR. THAN IT DEPARTMENT CAN ASK ME TO SUBMIT ANY DOCUMENT REGARDING TRANSACTION?. IF YES, THAN WHAT KIND OF DOCUMENTS WE NEED TO SUBMIT TO IT DEPARTMENT. OR THERE I .....

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..... S ANY APPLICABLITY OF SECTKION 44AB? THANKS IN ADVANCE Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=435335&offset=1 Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: It is possible for the Department to ask for documents. You have to show the source of deposit in your account and also the justification for such deposit in your account in the course of your business.
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..... ssion Forum - Knowledge Sharing .....

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