9911796707
TMI BlogCapital and cash on hand introducedX X X X Extracts X X X X X X X X Extracts X X X X ..... Capital and cash on hand introduced X X X X Extracts X X X X X X X X Extracts X X X X ..... . person strated new business from 01-04-2019 retaile trading for kirana stores.i. t. return filed 2019-2020 f.y. for the purposes of bank loan. Sales turnover finicial year :2019-2020 rs 25 lacs.net ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... profit rs.3,10,000/- Question: Assess How much amount capital and cash on hand minimum and maximum limit of opening balances introduced as on dt.01-04-2019 shown in balance sheet (I.t. returns) und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er I.t. act Reply By YAGAY andSUN: The Reply: In our view it should be at Actuals and Cash in Hand at any given point of time must match with your books of accounts. Reply By Sundaraiah kollipara: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply: Sir, Assess sales and purchases transactions entries passed in ledger book maintained only. Capital introduce rs.5,00,000/- Cash on hand balance rs.5,00,000/-as on 01-04-2019 accepted o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r no. Reply By YAGAY andSUN: The Reply: You need to show the source of cash, it must be mentioned in your books of accounts and duly accounted for in your Tax Returns. Reply By SHARAD ANADA: The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply:
GUJARAT HIGH COURT
M/S. CERA SANITARYWARE LIMITED VERSUS STATE OF GUJARAT & 1 OTHER (S) = 2020 (7) TMI 445 - GUJARAT HIGH COURT X X X X Extracts X X X X X X X X Extracts X X X X
|
