ad hoc additons made by ito
sarbjit singh chaudhary
(Querist) 08 May 2009
This query is : Resolved
i am running a restaurant mostly cash purchases are made of milk, vegetables and fish etc.
the ito has made ad hoc addition of 3 lacs on account of cash purchases without vouchers
G.P is shown at 44% and N.P. @ 4.5%
please give some case references
A V Vishal
(Expert) 08 May 2009
On what grounds, the ITO, has passed the impugned order has to be gone through, before any advise is given
B.B.R.Goud.
(Expert) 02 June 2009
the issue to be explained clearly to get correct advice.