[aurangabad_ca] Assessement Procedure for Survey U/s 133A and 133B

Monday, February 1, 2010 5:04 AM By Livemail

 

CA Vijay Kodmur
 
 
Dear Sir,
I am in need of ur help on the  Assessement of Survey U/s 133A and 133B with a base on following example
 
Survey conducted on 1-2-2010 a proprietory concern with following
a. Diffrence in Stock with book & physical Approx 65 Lakh
b. Diffrence in Cash with book & physical Approx 28 Lakh
c. Cash payment 40A(3) Approx 10 Lakh
d. Cash Borrowings 269SS  17 Lakh
e. Cash Payments 269ST    9 Lakh
 
Can u Guide me for the above example the exact Tax Liablity with Intrest & Penalty with respective sections. Is the above diffrence treated the Income of Previous Year or Years .Your precious Information will be of great ful for me .
Thanking You
 
 
Regards
CA Vijay
 
 


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