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Sudesh Shenoy

Hi Amlan,

I went through all your videos .
Case 1

I have 2 Pending action in my dads case and rectification right in one case remains with AO and another with CPC.

And in AY 16-17 my dad needs to get refund from IT department

I have 2 question here.

1) Whether i can pay this pending action first via...
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Amlan Dutta
Case - 1 If you agree with the assessment and the amounts are small ,you would be better off paying using challan and meeting the assessing officer with challan receipts
Refund will automatically get processed , it should not be linked to the two but usually when outstanding tax payment is there , ...
  • January 20, 2017
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Sudesh Shenoy

INCOME TAX...
Hello Amlan,
I am doing business indulged as retail seller of agricultural products like coffee, and all transactions are done via bank i use both SB Account and OD account for doing this business. Rs 38,00,000 transaction in SB A/C and Rs 40,00,000 in OD account.
1) While filing income tax return ,wh...
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Amlan Dutta
Use common sense rather than mechanical way of thinking ...what is turnover ..sales plus taxes ...how does a account balance signify turnover ...if it does , then yes ..if no then no ...basically sum up all sales of trading account in no matter what accounts ( types or subtypes you have ) to arrive ...
  • January 4, 2017
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